Jump to content



Photo

hmm ford


  • Please log in to reply
8 replies to this topic

#1 gannman

gannman

    Member

  • Traders-Talk User
  • 6,111 posts

Posted 11 November 2021 - 11:00 AM

just wondering with all the auto stocks in favor and in a bull how long before ford and gm decide to

 

go parabolic . i dont know but does not hurt to have a position in them me thinks 


feeling mellow with the yellow metal


#2 slupert

slupert

    Member

  • Traders-Talk User
  • 2,096 posts

Posted 11 November 2021 - 11:19 AM

They have rather large floats, eh?



#3 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 8,122 posts

Posted 11 November 2021 - 09:31 PM

High cost discretionary consumer goods do not look attractive to me for 2022.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#4 12SPX

12SPX

    Member

  • Traders-Talk User
  • 5,546 posts

Posted 12 November 2021 - 09:14 AM

Biggest thing I don't get is why there is such a price difference.  I would think Tesla and Rivian would come down more to GM and Fords level.  There is such a huge difference and the more electric vehicles come online the more competition there will be.



#5 gannman

gannman

    Member

  • Traders-Talk User
  • 6,111 posts

Posted 12 November 2021 - 09:59 AM

@12spx i think the ratios will tighten over time so ford will get a higher pe and tesla a lower one

 

we will see


feeling mellow with the yellow metal


#6 12SPX

12SPX

    Member

  • Traders-Talk User
  • 5,546 posts

Posted 12 November 2021 - 10:33 AM

Ya maybe,,,, but I've learned since the 1987 crash that the market moved from a fundamental market to a psychological one.  For example look at Rivian, $125 stock and they haven't even produced anything!  Ford sitting at $19 with a P/E of 27 which is actually high but they have the Lightening coming out that looks pretty cool.  Why aren't they at $125, very interesting......



#7 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 8,122 posts

Posted 12 November 2021 - 10:34 AM

Biggest thing I don't get is why there is such a price difference.  I would think Tesla and Rivian would come down more to GM and Fords level.  There is such a huge difference and the more electric vehicles come online the more competition there will be.

Same reason people pay exorbitant prices for Rolex watches, when Timex watches perform the same exact function.

I met quite a few Filipino's when I participated in a golf tournament in Chicago organized by a Filipino golf club.

Half of the cars in parking lot were Mercedes. It is a big prestige thing among Filipino's in USA.

I drove up there in my fully loaded Pontiac G5, which had all the features and may be more than those Mercedes cars and cost less than 1/3rd. I have owned Chevy's which lasted 150k miles without any major repairs.


Edited by pdx5, 12 November 2021 - 10:39 AM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#8 12SPX

12SPX

    Member

  • Traders-Talk User
  • 5,546 posts

Posted 12 November 2021 - 10:39 AM

Totally agree, biggest reason why in the end of the world situation bitcoin will be 0, along with that Rolex or expensive art.  However think Charlie Bilello shows it best!! 

 
Revenue (TTM)... Rivian: $0
GM: $131 billion
Ford: $135 billion
 
Net Income (TTM)... Rivian: -$1.6 billion
GM: $11.1 billion
Ford: $2.9 billion
 
Market Cap...
Rivian: $105 billion
GM: $90 billion
Ford: $78 billion
 
This is a good reason the market is messed up and why the everything bubble sounds more like 2000 all the time lol!!  Thank god I trade both ways lol!! 


#9 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 8,122 posts

Posted 12 November 2021 - 03:39 PM

Thanks for that Charlie Bilello link.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule