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Posted by StockBuz on June 1, 2013 at 8:56am
An update on the Ford shares which we purchased last year on a double bottom. Goldman Sachs has now increased their price target to $25 and while it (and the overall market) have had a helluva run, it remains a nice buy, it's certainly affordable and for those dollar cost averaging with nice long term return. You will note that it bottom at the 50% fib level. When this takes places, odds are favorable for the high to be exceeded.......which in Fords case goes in step with the $25 price target now given. *Booyah!*

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Tags: long-ideas, autos, f
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