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chicomarx
That was a great opportunity. I bought Ford at $1,67 on probably the worst day of panic, now up 927%. I won't mention some of my banking stocks that went in the opposite direction
so a lot of that is canceled out.
It's not something I would typically buy though, I try to follow Warren Buffett's approach of stock analysis. (P/E under 15, P/S under 1.5, ROE over 25, high div) That will exclude car manufacturers, which are too price competitive. I haven't looked at Chrysler, but there you also have the dollar risk of course...
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It's not something I would typically buy though, I try to follow Warren Buffett's approach of stock analysis. (P/E under 15, P/S under 1.5, ROE over 25, high div) That will exclude car manufacturers, which are too price competitive. I haven't looked at Chrysler, but there you also have the dollar risk of course...