Take a “Spin” in a Ford 2-Wheeler

Scooter History

Post Office carriers on scooters 100 years ago

Back in 1916, Post Office Carriers used motorized scooters. It took 100 years for scooters to catch back on. Bicycles and skateboards became more popular. In 1990 there was a scooter revolution when Razor introduced an aluminum kick scooter.

Ford Motor Company Acquisition

Now Ford Motor Co. (F) spent $80 Million to get into the electric scooter business by acquiring “Spin”. Easy to use – just find a scooter on the street (from a map of dots) – scam a QR code on the internet-locked scooter and you’re off on short trips up to 15 MPH for $3 – $4 a ride.

Scooter’s Mobility Future

Pushback from cities has been greater than expected, with concerns of riding/blocking sidewalks, vandalism, and the stationless scooters strewn all over properties. On the other hand, local officials are interested in electric scooters as a means of reducing congestion and offering an affordable option for lower-income residents. “Scooters are really helping people get around crowded downtowns and campuses”, business owners agree.

Ford was attracted to Spin partly because they worked with local officials for permissions and sharing data. Ford recognized that the long-term opportunity lay in a collaborative approach with city and campus partners. They’ve partnered with cities in establishing new regulations for micro-mobility, enforcement and sustainability.


General Motors have said they believe in “an all-electric future”, and are launching an electric bicycle. Mercedes Benz/Daimier AG has carved out a special mobility company, that includes a ride-hauling service and other smartphone-based apps for moving Moms around.

At the same time, Ford has been the most active car company by also rolling out other new services of “Chariot” and “Go-Ride”.

Mom’s Takeway Action

July 17, 2019: Ford Motor Company share price was $10.33 ARE YOU A BULL or BEAR ?

Wall Street bull and bear wrestling.

If you’re a Bullish Mom and think Ford will go up, try the September 20, 2019 Expiration, CALL $10.00 Bid and $9.00 Ask strike prices (Long Call Vertical Spread) on http://TDAmeritrade.com – Premium is .83 debit to pay.

On the other hand, Mom, if you think Ford is Bearish and will go down, try the Expiration September 20, 2019, PUT $10.00 Ask and $9.00 Bid strike prices (Long Put Vertical Spread) on http://TastyWorks.com – Premium is $.24 debit to pay.

girl arms outstretched asking question

Can a Rookie like me, learn to trade Options? Absolutely!

Learn how right here FREE! (I teach this Adult Education course at a Las Vegas college.) Step-by-step easy lessons to guide you in making extra money trading stock options online. (No credit card, no nothing; I just want to empower all of us Moms to face down the Wall Street bull!) My gift to you, Barb

The link to the free lessons will be on its way to your inbox:

Let's keep in touch, Barb

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s