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  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)   Profile for Dick E   Send Email to Dick E  
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)     Profile for WT  Send Email to WT     
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)     Profile for Tohsgib  Send Email to Tohsgib     
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)     Profile for pglein  Send Email to pglein     
quote:
Why on earth would you own this company?

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)     Profile for L H G    
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)     Profile for Dick E  Send Email to Dick E     
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)     Profile for Whalerdog  Send Email to Whalerdog     
Probably moved ALL motor production to China!
Tohsgib posted 05-04-2010 01:17 PM ET (US)     Profile for Tohsgib  Send Email to Tohsgib     
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)     Profile for Sal A  Send Email to Sal A     
Dick E,

Nice job.

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