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H-D stock slide

Started by HDSlowride, November 14, 2008, 05:00:32 PM

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Hawg Holler

Quote from: HDSlowride on November 16, 2008, 06:52:55 PM
Dennis the Menace said: <This is normal.  Show me any (publicly traded) company stock that isn't down at least 30% over 2-3 years ago prices...there isn't one.  Some companies stocks are down even more, but it isn't always a reflection of the true value of that company.>

A completely unfounded statement. My own company is up over 200% from 3-5 years ago and while we trade on the NYSE, we aren't a large company (sales of 40 million in my division)

But here is a list of not just one, but several companies that do not fit your blanket false statement.

American Science and Engineering   615m
CREDO Petroleum Corp                  104m
The Southern Comp                       27B
EnergySouth Inc                          500m
Vital Signs, Inc                            980m
NAVTEQ Corp                                7.7B
Quanta Cap Holdings                     196m

I think he was talking about stock price, not sales. There are companies such as INtel and Apple whose sales are way up, but their stock has been battered. Google's sales are up and it's stock price has been hammered. The dropping tide has lowered all boats.
Keep on ridin
Ridin our blues away
Hawg Holler 2005 Road King Classic

HDSlowride

Hawg Holler.......All those company stocks were up over the last few years. I was just showing their sales numbers to illustrate that they were legitimate company's and not some fly-by-night outfit that was jerked out of my arse.

If you're going to make a statement here that you stress as being factual....a couple minutes of homework would go a long way to lending some credence to your views. (How most internet rumors get around...hardly anyone bothers to check the facts).
'07 Ultra Classic