I’m showing Ford at 9.85 in after hours trading. It was up around 16 not long ago. I’m not sure what you’re seeing in the $2 range.
I just went from a pretty healthy monthly contribution to completely maxing out my TSP (401k). Other than that, I’m just paying down RE debt and building emergency savings. I’m not a trader, but I think it’ll be bad for awhile. I have a 25 year horizon so I’m going to continue maxing out my TSP and Roth IRAs and just treat the drops like buying opportunities.
Three long trades on the QQQ today yielded %1.2 …I feel like the luckiest guy in the world…Some real carnage …What worries me abt todays action is that some big names sold out…Hedge Funds…
I bought Ford on advice of fdjake on this board. I was leery when the company was in trouble and the price was $1.70 so I stayed away for a few weeks. When it stabilized and I knew chapter 11 wasn’t in its future bought in at $2.70. Sold shares off in chunks at $5, 6, 7, and 8. Wish I held it to it’s 52 week high of $19 but I got nervous and was trying to get my profits out before it dipped. Made plenty of money regardless, almost tripled my investment.