Today, the stock market closed with GM at $1.77

Ford closed the day at $1.83.

GM stock dropped over 11% while Ford's dropped 2.7%

GM is roughly twice the size of Ford, and has close to twice the US market.

This is the lowest GM stock has been in 74 years.

Although both aren't exactly roaring successes on Wall Street, but 1 year ago Ford sold around $6 per share while GM sold around $26. That works out to a 67% loss for Ford and a 91% loss for GM

Both are hideously large losses, but GM's us utterly catostrophic.

Has Ford's stock ever been more than GM's????


FWIW, my Daimler stock (via Chrysler) is worth $26 today. A year ago it was $83, so I'm down something like 67%. I've owned most of it since the start of the 1990s, so I figure I'm still at least even-steven given splits increases and my withdrawals over the years.

 

arn't there more F shares on the market than GM shares?

 

Almost 4 times as many. Right now GM's market cap is 1.0Billion while Fords is 3.77 Billion.

 

Which.... for those of you not following all this..... essentially makes the Ford Motor Company worth nearly 4 times as much as GM...... despite GM being at the minimum twice as big globally.

I'm still at a state of shock over all this.

 

Ford closed the day at $1.58.

Granted, GM took a larger hit, but it is still trading higher than Ford. (Although Ford's market cap is 3.5x GMs.)

 

Settled at $1.58.

3% drop.

$3.77 billion market cap.



Here's something:

Sales growth the last 12 months: +$7.7%
Income growth, same period: +66.1%
Yet profit is down 6.9%

Seems once Ford finishes paying off the workers who took the buyout, and spending winds down from their heavy outlays on new product, Ford's poised to make one hell of an amazing turnaround as long as the economy doesn't get much worse and the public buys into their Better cars for better money idea.

 

I could see myself becoming a Ford fanboy if GM dies.

 

Why don't we pass the hat and buy them out!

 

i got some spare change.

 

thinking about it. i'd rather put a few hundred of play money into F rather than go to a casino.

 

FWIW, GM and Ford are both up so far today (5% & 11% respectively).

 

still a long way to go.

 

It was only a matter of time for the stock value to get in line with the value and outlook of the company. That's not always the case in stocks.
It would only seem fair that GM stock fall further and faster than Ford. Since much of the bailout and general knowledge of the two companies shows Ford to be healthier.
Although any stock trading under $2 for companies like GM and Ford doesn't really exude confidence from Wall St. on either.

 

I know. At this point, I'm not touching either stock until after March 31. If neither GM or Chrysler have to file Chapter 11 on April 1, then I'm seriously going to consider purchasing Ford stock.

 

well i just hope my mother buys her new ford this week. (she has a 99 escort bought brand new).