hmm ford

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 

They have rather large floats, eh?

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

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.

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

we will see

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......

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.

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!! 

Thanks for that Charlie Bilello link.