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File under shoulda woulda coulda
A year ago Ford stock was about $1.50 a share. Today? $13.86 If my math is right, that is around an 900% return. At that time I was considering taking "a flyer" on the company and buying 1000 shares ($1500). Times were tough, but I felt if any of the auto companies had a chance, it was Ford since they had positioned themselves earlier and were able to stay away from government money.
Kicking myself that I could have turned $1500 into $13,860 in a mere 12 months.
Anybody else kicking themselves over an investment opportunity where you let a big one get away?
"My signature line goes here."
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Legend
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Partly, but I didn't have the liquidity to invest anyway, so I can't really regret an opportunity I wasn't in a position to take advantage of.
Browns is the Browns
... there goes Joe Thomas, the best there ever was in this game.
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Legend
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Guess I'm lucky,, I bought GE last year when it was down around 7 bucks a share.., it's 18 something today.. But I was afraid of car companies.. for good reason.
#GMSTRONG
“Everyone is entitled to his own opinion, but not to his own facts.” Daniel Patrick Moynahan
"Alternative facts hurt us all. Think before you blindly believe." Damanshot
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Should have taken a flyer on AIG . I did on a bet at .50 and now it is 34.15 after a reverse split . If only I had dropped more on it .
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I bought 2k shares at $7; wish I would have bought 14k worth at $1.50!
Stocks I still kick myself for not buying over a year ago: Apple at $96, and then apple at $130. Double kick. Priceline.com at $80
Both are trading at around $220 today.
#gmstrong
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I'm dying to buy it right now. I just don't have the money 
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Quote:
I bought 2k shares at $7; wish I would have bought 14k worth at $1.50!
That's the other thing. I was still itching at $7/share, but talked myself out of it. On the other hand, I did still plow money into mutual funds while we were in the dumps so I didn't miss out entirely.
Last edited by I_Rogue; 03/26/10 01:14 PM.
"My signature line goes here."
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To help you feel better, I was debating between GM and Ford and picked, you guessed it, GM. This was before I figured out that you were allowed to do some research before you bought. Let's just say I'm chalking that one up to experience. 
I am unfamiliar with this feeling of optimism
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I picked Ford mostly on the fact they didn't take bailout money and they had enough cash on hand from loans they took out prior to everything hitting the fan. The CEO, Alan Mulally, also had proven turn-around experience with a large scale manufacturer, Boeing. They made some good choices and their products were receiving excellent reviews. That, and I've always been a Ford guy  j/k - I'd never base my investing options on that. If that were the case, no way would I ever consider buying Apple as I am not a fan of their products.
#gmstrong
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Yes, I realize all those things...now. Unfortunately, I didn't at the time. lol, what a maroon. 
I am unfamiliar with this feeling of optimism
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Legend
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Quote:
To help you feel better, I was debating between GM and Ford and picked, you guessed it, GM. This was before I figured out that you were allowed to do some research before you bought.
LOL I dropped a couple of hundred bucks on GM also,,,, it's a lesson learned I guess...LOL
#GMSTRONG
“Everyone is entitled to his own opinion, but not to his own facts.” Daniel Patrick Moynahan
"Alternative facts hurt us all. Think before you blindly believe." Damanshot
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Yep. It was money that I could stand to lose, although I didn't want to.
But, that's why the old saying is so true:
Experience is the one thing you get right after you needed it.
I am unfamiliar with this feeling of optimism
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I'm fascinated by New GM's upcoming IPO. GM's really got their stuff together and I've only been reading good news about them adding shifts, increasing production and bringing people back to work.
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I agree; I am very interested in this as well and will be following it closely.
#gmstrong
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I have to say this. I just got a Chevy Malibu, and man, it is really a nice car.
I am unfamiliar with this feeling of optimism
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Quote:
I have to say this. I just got a Chevy Malibu, and man, it is really a nice car.
I'm not a GM guy, but they did a very, very nice job on that car. Great styling - haven't had the opportunity to drive one but it certainly looks great.
#gmstrong
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Quote:
Experience is the one thing you get right after you needed it.
Whew,, ain't that the truth......
#GMSTRONG
“Everyone is entitled to his own opinion, but not to his own facts.” Daniel Patrick Moynahan
"Alternative facts hurt us all. Think before you blindly believe." Damanshot
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I have to say this. I just got a Chevy Malibu, and man, it is really a nice car.
Everything I've read puts it right up there with the Honda Accord and the Toyota Camry..
That's good company...
#GMSTRONG
“Everyone is entitled to his own opinion, but not to his own facts.” Daniel Patrick Moynahan
"Alternative facts hurt us all. Think before you blindly believe." Damanshot
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Quote:
Quote:
I have to say this. I just got a Chevy Malibu, and man, it is really a nice car.
I'm not a GM guy, but they did a very, very nice job on that car. Great styling - haven't had the opportunity to drive one but it certainly looks great.
The upcoming model hasn't been unveiled to the public, but it brought one automotive writer to tears because he never thought he'd see the day where GM would be back to bringing out such amazing vehicles. It's THAT nice, apparently.
Right now I'd put the Malibu 3rd behind the Sonata and Fusion, though. The Sonata just blows me away.
Last edited by Ammo; 03/26/10 03:14 PM.
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"Every responsibility implies opportunity, and every opportunity implies responsibility." Otis Allen Glazebrook, 1880
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Sorry, dude. Some friends and I started an investment club. Just made some money on Ford for the 3rd time. I also got in and out of GE and did well about four times. Still plenty of upside. I kick myself for not buying Apple at about 35 years ago, and keep kicking myself as it goes up. I am retired, and the club is using Cramer's Getting Back to Even. For a bunch of schmux who are learning as they go, we have hit a few right. Just small at this point with little cash to invest, but we all add to it monthly. I am pleased so far. Last year we netted about 12% to the good. But I also have been feeding the mutuals each month as well, but again, small potaters here. Good luck!
I understand what you're saying!!!
I want to start an investment club, myself. But, the friends would rather spend their paychecks on bar tabs downtown.
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Quote:
I want to start an investment club, myself. But, the friends would rather spend their paychecks on bar tabs downtown.
Find new friends 
#GMSTRONG
“Everyone is entitled to his own opinion, but not to his own facts.” Daniel Patrick Moynahan
"Alternative facts hurt us all. Think before you blindly believe." Damanshot
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All Pro
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The Malibu is tons prettier than the GM-10 Impala that's still hanging around. I will give Governm..erm, General Motors credit when it deserves it  The Fusion is awesome, too. The Taurus is good--and fast, esp. with 365 hp in the SHO--but is it too late? Honda's Accord and Toyota's Camry have V6s with as much power nowadays. It seems like yesterday when 210-240 hp was what you got in your uplevel midsize D-segment sedan.
Go Browns!
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Back to the OP, part of investing/trading is that when we get those rare times where it feels like the world is ending and the stock market is bringing everyone to their knees... you have to step in and BUY. It's so easy after the fact and you sit there thinking... why didn't I do that? You didn't do it b/c at the time it felt completely wrong and the media was full of doom and gloom. At the time of when F was very low priced, here's a sample of what you were reading: Let Detroit Go Bankrupt Ford Needs to Raise Money, Sells Mazda President Bush on the Economic CrisisPerhaps the greatest value investor ever is Warren Buffett and you can find plenty on him with a google search or at Amazon. A quote from him that summarizes what it's like to be buying F where you were thinking about it is... Quote:
Be Fearful When Others Are Greedy and Greedy When Others Are Fearful
There's a few books you can pick up cheap on Amazon if interested in reading more about Buffett:
The Buffett Way Buffett Value Little Book of Investing How to pick stocks like Buffett
It just boils down to seeing a good buy when it's there and then act on it b/c those type of buys do not come along often.
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The Malibu is tons prettier than the GM-10 Impala that's still hanging around.
The Impala wasnt meant to look pretty. I like them and love the space I have while driving them.
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It's not to late to ride the train.
Ford is a $45 stock 2-3 years down the road. Any time you can triple your money you have a major bull by the horns.
The recent troubles of Toyota are only going to push more buyers in to the domestic market, and as a whole, I am gaining a feeling a buy USA trend is taking hold.
I don't hold any Ford stock directly, but have some stuffed in to several of the Funds I bought a year ago and I started converting Cd's which I held since they aren't paying anything to renew from the 5 year rates I previously held.
I have CD's coming due almost monthly...Maybe I will take one of them and buy some Ford outright. I have enough income that I don't have to keep putting the money in to income producing vehicles and go for a little more growth.
If everybody had like minds, we would never learn. GM Strong
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Quote:
The recent troubles of Toyota are only going to push more buyers in to the domestic market, and as a whole, I am gaining a feeling a buy USA trend is taking hold.
Yes, but going to CDawgs post and WB's investment mantra, as Toyota gets beat up and people become fearful, that would be a company to watch closely. I'll be watching them.
I'm still plowing money into mutual funds where I like their holdings. I've only got a couple of stocks at the moment. DOW chemical (bought it when it was beaten up a bit. It got beaten down huge, but I stayed with it and now have a nice little profit). I have had Bristol Meyers Squibb for quite some time now. It doesn't move too much so it allows for writing some modest covered calls here and there, and pays a great dividend in relation to what I bought it at. Its dividend is still good at its current price. I will have to monitor it closely though as Obamacare takes root.
As for an Investment club, I would really like to find one with people I know and trust. Unfortunately, my friends just wouldn't be into it and be willing to put real research work into it.
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Quote:
Right now I'd put the Malibu 3rd behind the Sonata and Fusion, though. The Sonata just blows me away.
As my current Pontiac lease comes to expire in December, I have the Malibu on my list as one to take a closer look at. I was a GM guy all my life, but stopped liking the Chevy brand and went with their Pontiacs. Now with Pontiac gone, I will probably look back at the Chevy's. (Really want a 2010 Camaro, but not practical for my situation right now) The Buick LaCrosse has perked up my ears too. I never thought I would ever be looking at a Buick, but the LaCrosse looks interesting.
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I think you will be pleasently suprised by the Malibu.. Very nice car.. very
And the LaCrosse./.. wow.. I've driven a Lexus or two in my day and they don't have anything on the Lacrosse.. I bet you like it a lot also..
Let us know...
#GMSTRONG
“Everyone is entitled to his own opinion, but not to his own facts.” Daniel Patrick Moynahan
"Alternative facts hurt us all. Think before you blindly believe." Damanshot
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Quote:
Right now I'd put the Malibu 3rd behind the Sonata and Fusion, though. The Sonata just blows me away.
As my current Pontiac lease comes to expire in December, I have the Malibu on my list as one to take a closer look at. I was a GM guy all my life, but stopped liking the Chevy brand and went with their Pontiacs. Now with Pontiac gone, I will probably look back at the Chevy's. (Really want a 2010 Camaro, but not practical for my situation right now) The Buick LaCrosse has perked up my ears too. I never thought I would ever be looking at a Buick, but the LaCrosse looks interesting.
If you want a smaller, nimbler car that's still midsize, check out the Buick Regal.
I wish I was further along in my career so I could afford that car. WOW.
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If you want a smaller, nimbler car that's still midsize, check out the Buick Regal.
I wish I was further along in my career so I could afford that car. WOW.
Just took a look. Not too bad at all.
Its funny is we're talking Buick. There was a point in time that being 55 years old was a pre-requisite to discussing / getting a Buick. They've been working hard for a long time in changing that stereo-type. Its obviously working.
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Quote:
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If you want a smaller, nimbler car that's still midsize, check out the Buick Regal.
I wish I was further along in my career so I could afford that car. WOW.
Just took a look. Not too bad at all.
Its funny is we're talking Buick. There was a point in time that being 55 years old was a pre-requisite to discussing / getting a Buick. They've been working hard for a long time in changing that stereo-type. Its obviously working.
Buick very quickly turned their reputation around.
Part of it is because Pontiac and Saturn aren't sucking the life out of Chevy and Buick.
GM doesn't have to make an "import fighter" (Saturn) and an "excitement" car (Pontiac) anymore, leaving the "boring value" to Chevrolet and "geritol luxury" to Buick. Now GM can focus on making Chevrolet world-class value w/ excitement blended in and make Buick and world-class entry level luxury line with excitement as well. (Both of which are inherently "import fighters" and filled with "excitement" when you create a good enough product).
GM still has some issues to iron out, but they're well on the right track. GM, Hyundai and Ford are the ones with their ducks in a row. Chrysler may or may not be rebounding, we need to see their new products to gauge that. But they have new/refreshed vehicles in the pipeline that are a MASSIVE overhaul of the current diarrhea they have out there.
Last edited by Ammo; 03/29/10 10:12 AM.
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Good points.
GM had this problem in the '80s--What was Old's role? Cadillac-top line brand Buick-a "doctor's car"...Lexus before Lexus? Oldsmobile- family car--everything middle-pack Pontiac- Sport and Excitement Chevy- Value for everyone
The problem was at that time they weren't sure how to brand Olds--was it a family car brand or an "import fighter" brand? Or both? Or neither? They had the H- and C-bodies... H-bodies: Olds 88, Buick LeSabre, Pontiac Bonneville C-bodies: Olds 98, Buick Electra/Park Ave, none for Pontiac
The point is that GM got wise and lopped off brands that weren't doing it any favors. Remember Geo?
Go Browns!
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