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Thursday, 04/30/2009 3:34:23 PM

Thursday, April 30, 2009 3:34:23 PM

Post# of 20546
Like I said, Ford is best of auto stocks, but this is way overdone people. GM will be in bankruptcy soon and Chrysler already is.

Truth in the economy and today's economic data shows people have less incomes and spending even less; FORD or any auto maker is a retail big ticket item and sales are simply not there nor will be for a very long time as it used to be, and the current price is too high to reflect this in my opinion and it is trading at the ebst it will be and can't expect more from this stock.

This is a retail sector stock and knowing there will be reduced sales and fewer made autos for even a few years to come, the price of this stock will settle below the current price and just will not go further, but will not be surprised if it goes to maybe 2.00 P/S value and stays there a long time.

Compared to other large caps like MTL, a minig conglomerate, that ahs several major commodities as its base, they will always be needed globally and will do well for a long time and its stock way undervalued.

Point is, anything retails is highly limited and risky, but many other great longer term values are out there, but it is not in the autos.
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