Ford Discussions Non-Mustang Ford Products

Ford Stock Below $2 another 2k workers to go

Thread Tools
 
Search this Thread
 
Old 11/7/08, 06:25 AM
  #1  
Shelby GT500 Member
Thread Starter
 
97svtgoin05gt's Avatar
 
Join Date: July 21, 2004
Location: New Jersey
Posts: 2,924
Likes: 0
Received 1 Like on 1 Post
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.

Old 11/7/08, 07:31 AM
  #2  
Needs to be more Astony
 
Knight's Avatar
 
Join Date: October 4, 2004
Location: Volo, IL
Posts: 8,609
Likes: 0
Received 5 Likes on 5 Posts
I'm not scared and I took the liberty to buy a few hundred bucks in Ford stock with it being so low.
Old 11/7/08, 08:40 AM
  #3  
Team Mustang Source
 
05fordgt's Avatar
 
Join Date: June 19, 2004
Location: Phoenixville, PA
Posts: 6,840
Likes: 0
Received 2 Likes on 2 Posts
Originally Posted by Knight
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!!
Old 11/8/08, 07:09 PM
  #4  
Closet American
 
Hollywood_North GT's Avatar
 
Join Date: July 17, 2005
Location: Vancouver, BC (Hollywood North)
Posts: 5,848
Likes: 0
Received 1 Like on 1 Post
Originally Posted by 97svtgoin05gt
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.

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.
Old 11/8/08, 07:10 PM
  #5  
Closet American
 
Hollywood_North GT's Avatar
 
Join Date: July 17, 2005
Location: Vancouver, BC (Hollywood North)
Posts: 5,848
Likes: 0
Received 1 Like on 1 Post
Originally Posted by 05fordgt
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.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Jim74656
SN95 Mustang
8
5/1/23 02:15 AM
Bullitt 3309
5.0L GT Modifications
5
8/2/15 10:20 PM
tj@steeda
2015 - 2023 MUSTANG
0
7/30/15 06:47 AM
Mustang-4.6
2010-2014 Mustang
15
7/27/15 05:52 AM



Quick Reply: Ford Stock Below $2 another 2k workers to go



All times are GMT -6. The time now is 09:50 PM.