InvestorsHub Logo
Followers 28
Posts 1197
Boards Moderated 0
Alias Born 05/14/2014

Re: None

Wednesday, 10/05/2016 12:24:57 PM

Wednesday, October 05, 2016 12:24:57 PM

Post# of 20540
I love this company for its nearly 5% dividend, but I guess I need to take off my dividend hunting gear on this one and throw it in my swing trading bag. Regardless of what the rest of the market does, F has a pattern lately that never fails.

Bad news. Market data overseas paints a bleaker picture that was forecast a year ago. From $13-14 to $12.

Wait. Ok it's not so bad. Sales are up. Back well above $13.

Rats. That data we talked about a month ago, well turns out it is really scary. Back to $12.

/groan

This just keeps happening.

So next month when this is back in the mid $13's, I might as well dump it and wait for some rabid speculators to send it rolling right back down to $12. It's a machine that keeps wanting to generate quick 10% returns for me. Who am I to refuse?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent F News