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Casey > Trade Notes

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5 Day -2.16%
15 Day -1.43%
1 Month 1.67%
3 Month 12.16%
6 Month 37.05%
1 Year 56.89%
As of: 11/21/09
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Casey: Trade Notes

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Bought 1000 shares of F at 2.81

Casey posted on 01/04/09 at 10:44 AM (Note posted 13 days after the trade)
Trades | Notes | Blogs
Users Bought (30 Days) 50 (100%)
Users Sold (30 Days) 0 (0%)
Market Cap 27.96B
52-Week High 9.14
52-Week Low 1.01
10 Day Volume 103.29M
P/E -4.62
EPS (Trailing 12 Mos.) -1.91
1Day 5Day 1Mo 3Mo 6Mo 1Yr

Transaction: Bought
Symbol: F
Quantity: 1000 shares
Price: $2.81
Value: $2,810.00
Stop Order: No @ $N/A
Target Price: $7.00
Buying Ford and GM now. They will still struggle for a while and there will be bumps but I missed out on an identical scenario when American Airlines was possibly going to file for bankruptcy and got down to $2 about 4 years ago. It then climbed all the way up to $28 per share. F and GM fall under the same category. Even if I don't agree with it, the government will not let them fail. They will come back.
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Posted by Casey on 01/04/09 at 10:44 AM

Tag It | 1 user tagged it: F, stock, buy

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corbinb2

Member since: Nov 07
5 Day -15.11%
15 Day 0.25%
1 Month -25.00%
3 Month -66.22%
6 Month -94.26%
1 Year -85.13%
As of: 11/21/09
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Trades 214
Trade Notes 217
Blog Posts 86
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Age: 40's
AZ UNITED STATES
corbinb2
Posted January 04, 2009 (02:20PM)
I tend to agree and a $7.00 target seems about right though there will be a wait. I have a couple of batches, but will have my eye out for exit opportunities starting at around $4 or higher if the climb continues.
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sayfaylo

Member since: Oct 08
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sayfaylo
Posted January 05, 2009 (01:39AM)
I don't know man. It's pretty risky I think. I'll wait until the beginning of March.
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LCC

Member since: Jan 09
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LCC
Posted January 05, 2009 (10:26AM)
I got in at $1.37 and I am holding long term, but it may go to zero. I would like to see $6 or $7.
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Casey

Member since: Jul 07
5 Day -2.16%
15 Day -1.43%
1 Month 1.67%
3 Month 12.16%
6 Month 37.05%
1 Year 56.89%
As of: 11/21/09
How is this calculated?
Trades 651
Trade Notes 25
Blog Posts 5
Sales
Age: 30's
TX UNITED STATES
Casey
Posted January 05, 2009 (12:09PM)
I agree that there is risk but today should prove a good point. Numbers came today for all car companies that were just abysmal and the stock ended up 5%. I believe that everything short of a complete collapse in the company has already been priced into the stock. I feel it is a risk with far more upside than down.
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