Mar 222009
 

Harley Davidson is feeling the pinch as much as everyone else in this dismal economic climate.  They have been trying to keep their customers, gain the female market, grab a hold of younger riders, and even pare down production to keep from flooding the market.  All smart moves. 

What may be a smart for you, if you have a few extra dollars lying around, is to buy into the stock.  Now, I am not an economist by trade, but I do try my best to be wise with my money.  In the past three or four months Harley stock has dropped from over $40 per share to under $12.  Quite a drop.  The good new with this is that if you can invest and wait it out a little while, you should get a good return on your cash.  I have been checking the cushions of the couch, looking for change in the washer and dryer, and picking up the pennies from the floorboards of the truck and think I might be able to buy about 10 shares… well, maybe 7. Not much, but hey, at least I will be a real live investor! 

 

Love, Respect, and Ride Safe,

ArtBiker 

 

UPDATE: As this post has been sitting on my desktop, things have changed a bit… Harley stock got down to $11.42/share.  However, last Wednesday, Harley was given an extra year to repay a 500 million dollar loan (due date of March 17, 2010).  Investors were happy with the move and it was apparent in the stock market where HOG  rose 18.0%, or $2.06, to $13.48.

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