The Mustang Source - Ford Mustang Forums

The Mustang Source - Ford Mustang Forums (https://themustangsource.com/forums/)
-   Ford Discussions (https://themustangsource.com/forums/f697/)
-   -   Ford Stock Below $2 another 2k workers to go (https://themustangsource.com/forums/f697/ford-stock-below-2-another-2k-workers-go-474416/)

97svtgoin05gt 11/7/08 06:25 AM

Ford Stock Below $2 another 2k workers to go
 
Okay, I don't know how anyone else feels, but this stock is getting beyond dangerously low imo. Another reported loss of $129 million and additional 2,290 white collar layoffs. I wonder how long it will be before there aren't enough people to keep the company moving forward. This is some scary *hit.

:confused:

Knight 11/7/08 07:31 AM

I'm not scared and I took the liberty to buy a few hundred bucks in Ford stock with it being so low.

05fordgt 11/7/08 08:40 AM


Originally Posted by Knight (Post 5675870)
I'm not scared and I took the liberty to buy a few hundred bucks in Ford stock with it being so low.

Well, I'm glad your not scared. Try working for a dealership right now. We just learned that Magarity Ford, a staple in the Chestnut Hill, PA (Philly suburb) area for many many years, closed it doors yesterday! This is not going to be good!! :(

Hollywood_North GT 11/8/08 07:09 PM


Originally Posted by 97svtgoin05gt (Post 5675831)
Okay, I don't know how anyone else feels, but this stock is getting beyond dangerously low imo. Another reported loss of $129 million and additional 2,290 white collar layoffs. I wonder how long it will be before there aren't enough people to keep the company moving forward. This is some scary *hit.

:confused:

Unfortunately, I must refer back to my hospital patient analogy here. It's more apropos to GM, but to a lesser extent it applies to Ford, too.

Hollywood_North GT 11/8/08 07:10 PM


Originally Posted by 05fordgt (Post 5675917)
Well, I'm glad your not scared. Try working for a dealership right now. We just learned that Magarity Ford, a staple in the Chestnut Hill, PA (Philly suburb) area for many many years, closed it doors yesterday! This is not going to be good!! :(

Nope, it's not good at all. But that's your capitalistic, market-driven economy for you. You have to take the ups with the downs.


All times are GMT -6. The time now is 01:07 PM.


© 2024 MH Sub I, LLC dba Internet Brands