The Real Story: Taking a Test Drive at Ford

Stock quotes in this article: F , GM  

Ford also pays a fat 4.6% dividend, with an ex-dividend date coming up on Jan. 26. The dividend does not appear to be in as much jeopardy as GM's, but it is by no means guaranteed. Keep in mind, Ford announces fourth-quarter results and details on its restructuring plans on Jan. 23.

I have no problem with making trades based solely on charts. In the past, I have bought and sold many stocks that way. But Ford is a company that I just can't get behind. That said, when someone like Spotts, whose skills I respect, makes a bold a call such as this, I feel it's important to bring it to your attention.
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In keeping with TSC's editorial policy, Lichtenfeld doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships.

Marc Lichtenfeld was previously an analyst at Avalon Research Group and The Weiss Group and a trader at Carlin Equities. He holds NASD 86,87, 7 and 63 licenses. His prior journalism experience includes being a reporter/anchor for On24 in San Francisco and a managing editor of InvestorsObserver, a personal finance Web site. He is a graduate of the State University of New York at Albany.

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