Why dosent Ford come back, it was the only one that didnt take the bailout?
I bought Ford for $2.83 and it has gone down since, Since they didnt need the bailout money i thought it would come back.
Best Answer
356 points
Dusty answered 10 months ago …
The major automakers share a lot of infrastructure. That includes finance and parts suppliers. The consumer who automatically bought a new car every year or every two years is making do. The 5 or 7 year old car in the driveway will make it for another 'couple of years at least.' 'specially if there is no job to go to!'
No buyers because they cannot get a loan or do not have a job or confidence in keeping a job; no parts to build the cars because the suppliers must have a minimum flow of activity in their plants and that depends on all the big makers being in full operation; other issues of supplies of materials from iron ore and paint to transportation of finished products to buyers that depend on economies of scale. It all feeds on itself. Each part closing down causes more unemployed that causes more problems in the economy that causes more unemployed that causes. . .
Answers
379 points
dustbusterz answered 10 months ago …
you haven't been keeping up on the auto industry if you thought it would magically come back.
ford just announced a loss, this will freak everyone out, and they sell off. how long have you been trading? or investing? your supposed to do due diligence. and if your interested in a certain stock(I.E.) ford, then put it on your list, and follow this at least once or twice a week(not just the stock ups and downs,but the stories behind it and why it is doing what it is doing.Got to yahoo finance, see how it dos compared to the entire industry, check the 10 k filings they do every quarter.
there are industries that (although they may be down somewhat this year) fair much better than autos or t.v. manufacturers . things like Garbage collection(needed even in a down economy) food (like Krogers)needed in a down economy. sin stocks to keep an eye on.for the current time,forget autos, and banks and such, concentrate on those things we really cannot live without.
when you hear that everyone is starting to go back to work, then start taking a look at ford or AIG.(if they are still around
