Submitted by ATV247 t3_119zvcv in wallstreetbets

Fellow investors - What are your current thoughts on Ford Company - Are we bullish or bearish?

It seemed they were doing well but every time I turn around these days in negative EV news for the company. do they continue this downward trajectory or does the ship right itself and they see higher teens

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ProfessorCaptain t1_j9pqdli wrote

Ford can't stop having crippling internal issues. CEO said himself they left '2 billion profit on the table' due to QC problems. GM uses the same transmissions for example but isn't having mass failures since they didn't use the cheap parts. They have the demand but they just keep fumbling on scaling.

I wouldn't buy any automaker really but if I had to pick it'd be GM

edit: who reported me for self harm LOL? some salty mofos on here lmao

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Fresh_Cheek2682 t1_j9rfa7a wrote

Why is it the go to for random salty crybabies to report for self harm?

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ProfessorCaptain t1_j9rt4cb wrote

idk man. like what do you think youre doing. these actions have no impact lol

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tony_boxacannoli t1_j9p4ijg wrote

I bought Ford when they were hovering in the $4 area....my 1 good pick....anyway...

I get alerts on F when the price moves more than 3%.....and it has been bouncing a lot lately...not enough for me to put away the viagra...but some of you mouth breathers could get in the action...like on Monday when it dropped 5.35% to $12.2.

my advice, get your hands out each other's shorts and buy a winner when it's losing.

Disclaimer: This is financial advice.

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boreal_ameoba t1_j9qwyg0 wrote

Screenshotted your disclaimer.

When it inevitably drops to 0 my lawyer will contact you.

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VisualMod t1_j9ovwqv wrote

>I'm bearish on Ford right now. The company is in a lot of trouble and I don't see them turning things around anytime soon.

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Inevitable-Ad-4192 t1_j9oyhac wrote

They will turn it around. Now is when you buy if you can afford to hold it for awhile.

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Proper-View1308 t1_j9x1peo wrote

Literally four years ago it was the same price.

If you aren’t trading it, no they won’t turn it around.

They are up 14% over 5 years. Diabolical ROI

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Inevitable-Ad-4192 t1_j9x2i9x wrote

I truly do believe they will dominate the EV market in 2-3 years. I believe that because the EV 150 truck looks like a real truck, not some tin can looking mars rover looking thing. The F series truck has been the best selling vehicle in the US for decades now, so it makes since the F150 loyalist will try the new EV truck.

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TheMonkeyPickler t1_j9pjmd0 wrote

Once they sort the kinks out i have a good feeling they will dominate the EV pickup space. They are the first real ev pickups to come to market (i dont count rivian because they only make luxury trucks right now which is getting more and more crowded. The lightning will be the most bought ev pickup in america just like how the f150 is the most bought pickup in america. The lightning is a great truck and once its teething issue are through they will sell record amounts. Never count ford out.

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Tfear_Marathonus t1_j9p96el wrote

Aren't car prices spiked, and have high interest rates on the loans? Isn't there a surplus of cars sitting on a lot waiting for cpus? Doesn't that mean there will be a huge price cut when the glut of vehicles get cpus?

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the_real_some_guy t1_j9qp19z wrote

There are only 3 heavy duty pickup manufacturers. They have all had problems. Ford has shorted the market a couple hundred thousand units the past couple years and it’s going to take a long time to make that up. Those trucks waiting for parts are mostly sold and are a small dent in pent up demand.

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Tfear_Marathonus t1_j9qqi6d wrote

Okay but how do you know they are mostly sold, sold to who? Customers or dealers? If it's dealers I would say it is still an issue, if it was direct customers yeah Okay. Most cars are bought on credit, are these people paying for cars they don't have, or maybe by the time they can get the vehicle they can no longer afford the loan because of the high interest?

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the_real_some_guy t1_j9qtdvv wrote

Sold is probably a bad word choice, claimed might be better. I waited over six months for my 2021 Super Duty. It sat in a parking lot waiting for parts for 4 months. I needed that truck and was calling around to dealers. Every truck was claimed before it hit the lot.

I now need a different truck and have been looking. Need an F350 dually? Expect to pay close to MSRP for one out of warranty. Also there are only about 20 listings nationwide.

I’m looking while traveling and there are more trucks on lots than there were at the start of Covid, but the market is still hot. It’s easier to get a truck than it was but only because dealers are still listing $10k over MSRP and the interest rates are high. Lots of truck owners need them for work. They can put off replacing them for a while, but not forever.

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PleasantAnomaly t1_j9oyec5 wrote

Still wayyy too much debt. Last I checked it was 139 BILLION

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wallstreetbetsdebts t1_j9pihk4 wrote

If they owe 139 billion then, that's the banks problem, this seems bullish 🎰

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Iwouldbangyou t1_j9p29dj wrote

Isn’t that from their customers financing car purchases through ford?

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link_dead t1_j9pnrt1 wrote

No the CEO accidentally purchased under body coating, wheel and tire coverage, and the extended warranty when he was financing operations.

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PreciousAliyah t1_j9pjcql wrote

But yet they just did a massive 65 cent special dividend. I think that's irresponsible when they owe so much money.

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Bryguy3k t1_j9pjwfz wrote

Once a company starts a dividend and the big retirement funds pick it up they can’t stop it. If they halted the dividend and institutional investors (code word for municipal retirement funds) dump the stock it crashes hard.

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KJAMAR t1_j9s80e8 wrote

The special dividend was from selling their stake in Rivian. It was a one time event. You may be correct though they could have used it more effectively

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PreciousAliyah t1_j9s84qe wrote

That is correct. Paying off some debt would have probably been better long term than paying us the dividend.

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Explod3 t1_j9pqzgv wrote

Ford is no longer a car company. Theyre a tech company.

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Sisboombah74 t1_j9qxrr0 wrote

And as a typical new tech company, it will be years before their tech is sufficiently profitable.

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Flordamang t1_j9q6cqh wrote

As a product they’re terrible. As an innovator they’re late. As a stock….there’s much better

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PatrickBatesMF t1_j9rkvdo wrote

I’ll never forget Cathie Wood erroneously claiming F having a P/E ratio of infinity

maybe that’s it

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Jacono64 t1_j9slmz0 wrote

$F is basically a govt subsidiary and will never be profitable. It’ll be sideways forever.

The Feds will never let $F fail. Just like $INTC

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Particular-You-6535 t1_j9pofn2 wrote

Ford cars fuckin suck right now so their stock probably will too.

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fretit t1_j9qf198 wrote

Seems to be in a descending triangle, which is not a good sign.

I bought F for very cheap three years ago, but missed the opportunity to sell it at the top of the EV hype bubble. Waited too long and didn't make as much as I could have.

I wouldn't buy it now. Ford always struggles to execute, and even they when design decent cars, they can't deliver on QC.

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jer72981m t1_j9tawab wrote

They’re going under. 2 months tops

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carsonthecarsinogen t1_j9p0exa wrote

There’s no meaningful growth.. every EV they sell is one less ICE they sell, and with Kia making arguably better vehicles for less I’d say they’re losing sales to others too.

They’ll be smaller 10 years from now for sure, if not bought out by someone else and stripped for parts.

To be fair, but honestly think ford is one of the few legacy makers actually doing well. Hyundai Kia and VW as well

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