Investor tip?
07-02-08, 08:12 AM
#1
Miles over Matter
Thread Starter
Join Date: Mar 2008
Location: birmingham al
Posts: 390
Bikes: trek
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
Investor tip?
https://www.al.com/news/birminghamnew...840.xml&coll=2
I lost a chunk of money on Cannondale (sym:bikeq) several years ago when I banked on them going into the motorcycle bussiness. The venture failed and now the stock is still sitting there at .05 a share. Maybe it's time to jump back into it.
You guy's know of any other cycle stocks out there?
I lost a chunk of money on Cannondale (sym:bikeq) several years ago when I banked on them going into the motorcycle bussiness. The venture failed and now the stock is still sitting there at .05 a share. Maybe it's time to jump back into it.
You guy's know of any other cycle stocks out there?
07-02-08, 08:33 AM
#2
Ride Daddy Ride
Join Date: Feb 2007
Location: Villa Incognito
Posts: 2,648
Bikes: 1983 Trek 720; 1983 Trek 620; 1989 Gi Cannondale Bad Boy Ultra; LeMond Victoire; Bike Friday Pocket Rocket Pro
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 1 Time
in
1 Post
Don't know about other cycle stocks, but I just checked out Cannondale. In the past month the stock has gone from .03 a share to .08 back to .03. Might be interesting to keep an eye on. I'd love to buy 100 shares for $3 and feel like a real tycoon.
https://finance.google.com/finance/hi...al?q=OTC:BIKEQ
Giant (the world's largest bicycle maker) might be worth looking into:
https://www.bloomberg.com/apps/quote?ticker=9921%3ATT
https://finance.google.com/finance/hi...al?q=OTC:BIKEQ
Giant (the world's largest bicycle maker) might be worth looking into:
https://www.bloomberg.com/apps/quote?ticker=9921%3ATT
__________________
"Light it up, Popo." --Levi Leipheimer
"Light it up, Popo." --Levi Leipheimer
Last edited by Jet Travis; 07-02-08 at 08:40 AM.
07-02-08, 10:10 AM
#3
Miles over Matter
Thread Starter
Join Date: Mar 2008
Location: birmingham al
Posts: 390
Bikes: trek
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
I didn't realize Giant had gone public. They seem to be on the up and up. I see they plan on opening quite a few stand alone stores in the near future too. Trading on the TWSE:9921
07-02-08, 12:19 PM
#5
el padre
Join Date: Mar 2005
Location: South East Kansas
Posts: 1,490
Bikes: Rans Stratus, ICE TRike, other assorted
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 5 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
Speculation,,,that is what keeps the market going...and volatile, moving, hopefully going up.
07-02-08, 12:21 PM
#6
Senior Member
Join Date: Feb 2004
Location: St Peters, Missouri
Posts: 30,225
Bikes: Catrike 559 I own some others but they don't get ridden very much.
Mentioned: 16 Post(s)
Tagged: 0 Thread(s)
Quoted: 1572 Post(s)
Liked 643 Times
in
364 Posts
That's interesting. Do you suppose they are buying into the Specialized and Trek business model?
07-02-08, 12:53 PM
#7
Miles over Matter
Thread Starter
Join Date: Mar 2008
Location: birmingham al
Posts: 390
Bikes: trek
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
That's interesting. Do you suppose they are buying into the Specialized and Trek business model?
07-02-08, 02:00 PM
#8
His Brain is Gone!
Join Date: Sep 2006
Location: Paoli, Wisconsin
Posts: 9,979
Bikes: RANS Stratus, Bridgestone CB-1, Trek 7600, Sun EZ-Rider AX, Fuji Absolute 1.0, Cayne Rambler 3
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 2 Post(s)
Likes: 0
Liked 1 Time
in
1 Post
Buy a thousand shares, then stop by a Cannondale dealership to browse around. When they ask if they can help you, tell them no, that you are just stopping by to check up on your company.
__________________
"Too often I would hear men boast of the miles covered that day, rarely of what they had seen." Louis L'Amour
There are two types of road bikers: bikers who are faster than me, and me. Bruce Cameron - Denver Post
"Too often I would hear men boast of the miles covered that day, rarely of what they had seen." Louis L'Amour
There are two types of road bikers: bikers who are faster than me, and me. Bruce Cameron - Denver Post
07-02-08, 02:56 PM
#9
Squirrel
07-02-08, 03:13 PM
#11
gone ride'n
Join Date: Aug 2007
Location: Upstate NY
Posts: 4,050
Bikes: Simoncini, Gary Fisher, Specialized Tarmac
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 1 Time
in
1 Post
I bought Nortel before the big crash - if I had used the money to buy beer and cashed int he bottle return I would have been better off and been able to drink a lot of beer.
07-03-08, 11:04 AM
#12
Senior Member
Join Date: Jul 2005
Posts: 3,268
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 118 Post(s)
Likes: 0
Liked 50 Times
in
25 Posts
There is too lmuch competition in the bike industry for any real growth to occur. With the gas price problem, all bike mfr'rs will have a good year. So will LBS's. But sustained growth requires getting a larger and larger share of the market. I just don't see any one company getting way ahead on market penetration. There are a lot of good bike builders out there. bk
07-03-08, 02:32 PM
#13
Senior Member
Join Date: Jun 2005
Posts: 776
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
A 'STOP' or 'STOP LOSS' can be a life saver. Besides, you don't really buy beer.....you just lease it.
07-03-08, 06:35 PM
#15
Senior Member
Join Date: Dec 2003
Location: Tucson, AZ
Posts: 11,016
Bikes: Custom Zona c/f tandem + Scott Plasma single
Mentioned: 3 Post(s)
Tagged: 1 Thread(s)
Quoted: 77 Post(s)
Likes: 0
Liked 19 Times
in
11 Posts
If you can't afford to get into the stock market, then don't.
If you're in, stay for the long haul.
If you're in, stay for the long haul.
07-03-08, 07:27 PM
#16
feros ferio
Join Date: Jul 2000
Location: www.ci.encinitas.ca.us
Posts: 21,796
Bikes: 1959 Capo Modell Campagnolo; 1960 Capo Sieger (2); 1962 Carlton Franco Suisse; 1970 Peugeot UO-8; 1982 Bianchi Campione d'Italia; 1988 Schwinn Project KOM-10;
Mentioned: 44 Post(s)
Tagged: 0 Thread(s)
Quoted: 1392 Post(s)
Liked 1,324 Times
in
836 Posts
No bicycle stocks here, but plenty of oil and gas, plus some defense, coal, copper, blue chips, and a dash of high tech. I have a few low-cost mutual funds, as well, but I generally prefer to own individual stocks, partly so that I can vote my proxies.
__________________
"Far and away the best prize that life offers is the chance to work hard at work worth doing." --Theodore Roosevelt
Capo: 1959 Modell Campagnolo, S/N 40324; 1960 Sieger (2), S/N 42624, 42597
Carlton: 1962 Franco Suisse, S/N K7911
Peugeot: 1970 UO-8, S/N 0010468
Bianchi: 1982 Campione d'Italia, S/N 1.M9914
Schwinn: 1988 Project KOM-10, S/N F804069
"Far and away the best prize that life offers is the chance to work hard at work worth doing." --Theodore Roosevelt
Capo: 1959 Modell Campagnolo, S/N 40324; 1960 Sieger (2), S/N 42624, 42597
Carlton: 1962 Franco Suisse, S/N K7911
Peugeot: 1970 UO-8, S/N 0010468
Bianchi: 1982 Campione d'Italia, S/N 1.M9914
Schwinn: 1988 Project KOM-10, S/N F804069
07-04-08, 02:35 AM
#17
370H-SSV-0773H
Join Date: May 2005
Location: Penniless Park, Fla.
Posts: 2,750
Bikes: Merlin Fortius, Specialized Crossroads & Rockhopper, Serotta Fierte, Pedal Force RS2
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
07-04-08, 07:09 AM
#18
Conquer Cancer rider
Join Date: Sep 2004
Location: Toronto
Posts: 6,039
Bikes: Fun bike, city bike, Bike Friday, Brompton (also fun bikes)
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 18 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
Canondale is now owned by Canadian company Dorel whose stock barely trades. They are pretty closely held -- family "insiders" hold some 80 percent of the company anyway.
__________________
Zero gallons to the mile
Zero gallons to the mile
