Ford Bounce
I missed some profits on my last trade on Ford but that is why we don't go all in every trade. I trimmed a little more after my last post and now I am glad I did. Ford had a sharp selloff but looks like it found some support yesterday. I am looking for a bounce back to 13. Adding here but saving some powder in case we do get more weakness in first half of 2023. Looking to add full position below 11 or above 14.50. I believe if we get another wave of selling it will be our last until the credit bubble pops.
I like the 5% dividend on this into an uncertain 2023. Debt ratios are a bit high and ROA/ROE leave you wanting more so I am underweight.
I like the 5% dividend on this into an uncertain 2023. Debt ratios are a bit high and ROA/ROE leave you wanting more so I am underweight.
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