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Thread: Investor tip?

  1. #1
    Miles over Matter spoke50's Avatar
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    Investor tip?

    http://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?

  2. #2
    Ride Daddy Ride Jet Travis's Avatar
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    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.

    http://finance.google.com/finance/hi...al?q=OTC:BIKEQ

    Giant (the world's largest bicycle maker) might be worth looking into:

    http://www.bloomberg.com/apps/quote?ticker=9921%3ATT
    Last edited by Jet Travis; 07-02-08 at 09:40 AM.
    "Light it up, Popo." --Levi Leipheimer

  3. #3
    Miles over Matter spoke50's Avatar
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    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

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    hello roadfix's Avatar
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    I'm happy sitting on my no load index funds...

  5. #5
    el padre
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    Speculation,,,that is what keeps the market going...and volatile, moving, hopefully going up.

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    Senior Member Retro Grouch's Avatar
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    Quote Originally Posted by spoke50 View Post
    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
    That's interesting. Do you suppose they are buying into the Specialized and Trek business model?

  7. #7
    Miles over Matter spoke50's Avatar
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    That's interesting. Do you suppose they are buying into the Specialized and Trek business model?
    It seems like I read in another thread that Specialized was testing the "Our brand only" stradegy. I'm not sure that would work in most markets, but how would I know.

  8. #8
    His Brain is Gone! Tom Bombadil's Avatar
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    Quote Originally Posted by Jet Travis View 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.
    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

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    Squirrel solveg's Avatar
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    Quote Originally Posted by roadfix View Post
    I'm happy sitting on my no load index funds...
    Happy? Even with index funds, it's been pretty hard to be happy in the market lately. I started today 2% high and was glad for the break. I ended the day 2% down.

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    I'ld put in my two cents but I spent it on the Stickie thread and now I'm broke.

  11. #11
    gone ride'n cyclinfool's Avatar
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    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.
    "Of all the things I ever lost I miss my mind the most." Mark Twain
    If all you have is a hammer, every problem looks like a nail.

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    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

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    Quote Originally Posted by cyclinfool View 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.

    A 'STOP' or 'STOP LOSS' can be a life saver. Besides, you don't really buy beer.....you just lease it.

  14. #14
    Senior Member Garfield Cat's Avatar
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    Can you imagine a group of BF'ers manipulating the price of Cannondale stock?

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    Senior Member zonatandem's Avatar
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    If you can't afford to get into the stock market, then don't.
    If you're in, stay for the long haul.

  16. #16
    feros ferio John E's Avatar
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    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.
    "Early to bed, early to rise. Work like hell, and advertise." -- George Stahlman
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  17. #17
    370H-SSV-0773H linux_author's Avatar
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    Quote Originally Posted by roadfix View Post
    I'm happy sitting on my no load index funds...
    +1

    (Vanguard FTW!)

  18. #18
    Conquer Cancer rider Boudicca's Avatar
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    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

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