| Author | Message | ||
     Trackdad |
As a current HOG stock holder I've thought about what I could do beside write letters and emails. Quite a few things can happen, we can hold our shares and see what develops or we could sell and show our displeasure. Personally my thoughts are to hang onto the stock and then arrive at the stock holders meeting spring of 2010... seems even an old harley rider like myself is still wondering just what the hell happened. Corporate speak does not answer the questions that I have. Then we can decide what to do with our corporate support. With the ride on 10/26 to East Troy and talk of a stop at harley HQ, there really isn't any face to face meeting of these well hidden and protected executives. I say Buell fans and concerned stock holders should arrive in full force asking the right questions. We have time to formulate them... money talks!!! | ||
| Tramp |
As a current stockholder,you should thank them forthis proactive business move. as a Bueller, undoubtedly,it pains you, as it pains me,but as a stockholder, they just saved you some further fiscal pain. Wise business decisions are not always popular decisions. | ||
| Johnnylunchbox |
Tramp, have you been reading Ayn Rand? | ||
| Brumbear |
They are going to drop like a stone in 6 months sell sell sell How does a co drop 84% in total biusness and gain value in stock proative smoke and mirrors as we have seen mirrors are only glass and they break. They are banking on a euro market but I don't think it will work. As fuel is $9.00 a gallon on average most people don't know that they are somewhat fuel efficient they just see huge displacement and don't get iterested. | ||
| Chellem |
Look guys, we're in uncharted territory as far as this economy goes. The guys who got them through the last depression aren't around to advise them. Their profits are down, but they're still profits, with NO government bailout that I've heard about (unless that Harley Credit banking thing went through?) at a time when a LOT of businesses are reporting losses. I wouldn't count them out yet. Plus, their stock went UP after the 3rd qtr. results were posted. I can't explain THAT, but it must mean something to someone. | ||
| Brumbear |
The boys club did that deal | ||
| Jaimec |
I've decided to hang on to my stock and use them to vote AGAINST the board at every opportunity. Why should I THANK those idiots for the dumbest, most short-sighted decision I've ever seen? They've just alienated the very market they hope to capture. | ||
| Cityxslicker |
I dumped my HOG shares this week. I figured it was a fair return on their no conficence in the Buell brand. I'll pick it back up when its at 6.00  | ||
| Brumbear |
next month | ||
| Court |
I agree with Tramp. Harley-Davidson was no place for Buell to be after what I have seen the last few years with the dealer network, some of the marketing missteps and the current upheaval in management. Rich Teerlink and the folks who engineered Harley-Davidson's meteoric rise are long gone. I'm selling mine tomorrow. No bad feelings at all. My Dad bought 100,000 shares when he retired in 1983 and sold them in 1998 when I left Buell. Harley stock has been kind to the family. I'm investing in a new company. | ||
| Chrisrogers3 |
I'm investing in a new company. Sounds interesting Court....... | ||
| Mikexlr650 |
a brand new company... | ||
| Ulyranger |
I've got some capital that I wouldn't mind investing in an innovative, American Co........... | ||
| Gian4 |
I wonder where Willie G weighs in on all this? | ||
| Brumbear |
I agree also Buell needs to stand alone and my next quote is moot as I will wait to see what NEW COMPANY'S come into view | ||
| Jaimec |
I just dumped my stock. Bought at $9.00, sold at $28.00. No regrets, but I don't think that company has a future. Not a bad payout, though. Let's see if Erik has something new up his sleeve (though for his sake, I hope he keeps it PRIVATELY-HELD so it isn't held hostage by bean counters). | ||
| Mikej |
Wise business decisions are not always based upon stock market perceptions nor stock market valuations nor projections. Business decisions based upon the above are not always wise in the long term even if they do foster a short term positivism. What this all means relative to the Buell concept is yet to be publicly known. If I were a stock holder my response would be split. I am a bike owner, which is much more difficult to divest oneself from than stocks. YMMV | ||
| Odie |
I bought some shares in '93. I holding out until I at least get my money back! | ||
| Rde48 |
I bought some about 3 months ago and sold it Thursday after the news and made 40%. The only reason I bought HOG is because of Buell, NO BUELL, NO need for HOG. | ||
| Jimidan |
I'm investing in a new company. That Court, he is the master of intrigue! I would love to see Erik begin a new Buell company and I would promptly buy stock in such a venture...and a new bike. I would hope that Court would inform the Buell community of such an opportunity if it were to present itself. I recently spoke to some of the sport bike dealers in the KY area and they would relish selling Buells in their shops. The KTM dealer expressed an interest in selling Buells years ago...and his desires haven't changed. | ||
| Reepicheep |
I made something like 150% on HOG... more then doubled my money. Sold the last bit of it last week. Good run, and good riddance. Harley was in trouble before things got really bad... instead of the government bailout, they got a Warren Buffet bailout at some insane interest rate. And I believe if things go really sideways, he gets all of his money back before you get *any* of your money back. | ||
| Oldog |
I wonder What Warren's take on this would be, Same for malcome forbes (assuming he's alive) | ||
| Cityxslicker |
At this point HOG would be speculative, I see nothing on their balance sheet that indicates that it was a good continued investment for my portfolio. I have all the stock from them I want, already in the garage. | ||
| Mikej |
Looks like Malcolm Forbes got out of the market in 1990. http://en.wikipedia.org/wiki/Malcolm_Forbes | ||
| Alchemy |
I just emptied my holdings of HOG. Nice profit and I could buy back in at a lower price if I saw some intelligent management showing through but I won't hold my breath. Buell was HOGs hedge against an uncomfortable struggle against demographics and a tightening economy. Now some of the dealers will get what they want. Sales in China alone could makes up for US troubles but it won't happen overnight. I would be interested Court's new investment, will it be publically traded? | ||
| Ferris_von_bueller |
I would love to see Erik begin a new Buell company and I would promptly buy stock in such a venture Assuming Mr. Buell has the financial means, it might be wise to keep his company in private hands, lest history repeat itself. | ||
| Richsm2 |
How are investments made , short of issuing public stock,sorry I do not know any of this stuff? | ||
| Ft_bstrd |
Publicly traded companies are in "private hands". Unless you are GM. | ||
| Richsm2 |
thank you,as long as it is in Eriks hands, I.E no limits. | ||
| Ft_bstrd |
Buell could be private placement or OTC until of sufficient scale to go public. Right now ain't the time to be going IPO. | ||
| Jammin_joules |
I believe Warren Buffett owns HOG stock, Dog knows he never makes money. Look, I too bought HOG when it was still HDI. I was at share holder meetings Harley had labor issues with unions who had riders show up to ask probing but displaced questions. I was there when Holiday Rambler and the utility trailer company were being divested. Business can be truly ruthless, punn intended. The Street typically rewards companies who through previous poor decisions quickly act and cut reams of employees in the name of short term earnings reports with no regard to long term cost of innovation and growth. That is the status of capitalism in the US and many other free countries. ~jammer; financial whizzard, life philosopher, pawn broker life style |
