Just Above Water

In recent posts I wrote about my stocks and which of them are Keepers and Goners. Today let me tell you about the one stock that is just above water, it was just above water when I wrote the first post but as of today it is slowly sinking.

I am talking about Ford (F). I originally bought 10 shares of Ford at $5.95 on 3/31/08 plus the $7 dollars for the trade. It then went up and reached a bit over $8 dollars and then it started to head back down again, as I write this post the price is $5.32 per share. I like Ford and I hope it doesn’t turn into a “Goner” so I am going to give it the benefit of the doubt for now.