Last 12 months, down 20%.
Last 5 years, up 8%.
Last 12 months, down 20%.
Last 5 years, up 8%.
About to go below $11!
Where will the bottom be?
We are going below $11/share today.
Fa-fa-fa-fa-farley!
Big guy little jacket!
Ford has always been a trade.
Last 20 years - waste of time. Got out then, much better returns on almost anything else.
I'm back in at $5.
Just calculated the rate for May from 5 yrs ago and come up with 19.45% official inflation. This is the low-ball number since the gov't has changed the methodology several times since 1980.
See www.usinflationcalculator.com/inflation/current-inflation-rates/ if you want to figure it for yourself. Remember that inflation is compounding, not additive.
That "up 8%" over five years is actually down over 11% when accounting for inflation over that period. Makes for some "great" returns on that stock.
F = F$&KED!
Good point on the inflation. So the value of the dollar is shrinking and our share price still plummets.
And today's news on the Mach-E isn't going to help.
Add to that 5 year count about 25% of inflation (16% for last two years @ 8% each, and 9% for the remaining three years at 3% each = it adds up to 25%). So, 8% - 25% = -17%, in real money terms and adjusted for inflation the stockholder lost about 17%. Also, we are down about 20% right now for last 12 months plus about 10% of inflation, that's 1/3 of the market cap value eliminated.