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ContinuousWave Whaler Moderated Discussion Areas ContinuousWave: The Whaler GAM or General Area Brunswick up 27 % today
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Author | Topic: Brunswick up 27 % today |
Dick E |
posted 04-29-2010 07:14 PM ET (US)
Could find any news why it went up so much, but as stockholder I am thrilled. |
WT |
posted 04-29-2010 07:18 PM ET (US)
Brunswick (BC)rose because they didn't lose as much money as anticipated. http://finance.yahoo.com/news/Brunswick-soars-after-apf-3681840660. html?x=0&.v=1 |
Tohsgib |
posted 04-30-2010 01:01 PM ET (US)
Sales* 2.78 Bil Income* -586.20 Mil Sales Growth* -41.00% Income Growth* -87.00% Net Profit Margin -21.12% Debt/Equity Ratio 4.05 Why on earth would you own this company? |
pglein |
posted 04-30-2010 02:24 PM ET (US)
quote: Because most investors currently have your attitude about the company, and, if it hasn't failed yet, it probably will survive and bounce back. That said, I don't own it. |
L H G |
posted 04-30-2010 04:38 PM ET (US)
The stock is up because they are doing better in sales volume than any of the other marine engine manufacturers, and have gotten their boat inventories under control. Stock prices usually precede market conditions by about 12-18 months. |
Dick E |
posted 04-30-2010 08:54 PM ET (US)
Tohsgib: I bought shares between 10/22/08 and 3/27/09 at an average price of $3.33 a share. It's worth $20.90 which is a 582% gain, not too bad. Why did I buy it? Brunswick was grossly undervalued in my opinion.I'll sell half, pocket some profit. |
Whalerdog |
posted 05-03-2010 08:10 PM ET (US)
Probably moved ALL motor production to China! |
Tohsgib |
posted 05-04-2010 01:17 PM ET (US)
I bought it as well when it was down where you did Dick but I sold it sold it for a mere double in price. That sheet looks like an absolute train wreck right now. |
Sal A |
posted 05-04-2010 03:42 PM ET (US)
Dick E, Nice job. |
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