This Friday morning has opened on a slight upside, with stock prices up from yesterday, but without a substantial (and unexpected) spike in prices, HOG looks to close at its lowest weekly price. HOG opened this morning with a price of 12.63, up 0.73 from last nights price at the bell, and prices have spent the early part of the day in the low 12 dollar range, but that's likely little comfort to investors who have watched the stock drop over 50% since the end of the October and 70% since August.HOG is near facing its lowest unadjusted closing prices since the mid 1980s, but as prices get very low, other companies have seen that cause booms in stock sales, as those who generally don't play the market find themselves considering incredibly low stock prices for companies in which they are generally interested.
For instance, some jumped on Ford stock when it dropped below 2.00, but with the automotive market struggling, that Ford stock continues to drop, although an announcement of a bailout plan from the feds could help that stock.
Even though many people are looking to get out of the market, with the price of HOG stock dropping, Harley lovers with some extra cash laying around may find prices low enough to draw them into buying.
Have a look at this thread...For those who previously haven't owned stock in Harley Davidson, or who haven't owned stock at all, do these extremely low prices tempt you to invest? How low do the prices need to go before you would take the plunge, considering that this stock was selling in the 60 dollar range just 18 months ago.
Even though many people are looking to get out of the market, with the price of HOG stock dropping, Harley lovers with some extra cash laying around may find prices low enough to draw them into buying.
Have a look at this thread...For those who previously haven't owned stock in Harley Davidson, or who haven't owned stock at all, do these extremely low prices tempt you to invest? How low do the prices need to go before you would take the plunge, considering that this stock was selling in the 60 dollar range just 18 months ago.