Investing in the companys we love

[arcticgeorge]

Have you made nearly $50,000 doing nothing but letting someone hold on to $10,000 for 2 years???.....I was talking with a co worker a few years back (around 07, 08) and said that sales were really doing well for Arctic Cat now that they have been expanding their line up to include 4 wheeled vehicles along with their world class snowmobiles.... Well with the stock market being uncertain and swinging high and low as it does there were huge profits to be made............. If you had purchased $10,000 of Arctic Cat stock in the first week of March 2009 at a low $2.69 per share and sell it now just 2 years later at $14.70 per share would give you $56,107 in return !, over $46,000 profit for letting AC hold on to $10,000 of your money for 24 months !!! The mag says "intrigued?" It's no fluke if you invested the same $10,000 in arch rival Polaris Industries you would have made similar profits with a return of $43,966 for a profit of $33,966 in the same 2 year period. If you invested $10,000 in each company you would have received $100,073 for your $20,000 investment making $80,000 profit in 2 years!!!

 

[MZEMS2]

If I had an extra $10k laying around, I'm not sure I'd put it in snowmobiles...There's gotta be a better investment. But then again, I do have a $10k sled out in the shed just taking a summer nap...That doesn't seem like too smart of an investment either. LOL. Interesting find.

 

[fatdaddy]

yea now ya tell me, what about ski-doo or Yamaha?

 

[swampcat]

What part of AMERICAN did you NOT understand!!!

 

[dickmsp]

I wish I woulda bought a couple snowmobiles instead of pi$$ing money away in the market!! I specialize in buying high and selling low!! and I'm real good at it!!!

 

[polarisrider1]

Have you made nearly $50,000 doing nothing but letting someone hold on to $10,000 for 2 years???.....I was talking with a co worker a few years back (around 07, 08) and said that sales were really doing well for Arctic Cat now that they have been expanding their line up to include 4 wheeled vehicles along with their world class snowmobiles.... Well with the stock market being uncertain and swinging high and low as it does there were huge profits to be made............. If you had purchased $10,000 of Arctic Cat stock in the first week of March 2009 at a low $2.69 per share and sell it now just 2 years later at $14.70 per share would give you $56,107 in return !, over $46,000 profit for letting AC hold on to $10,000 of your money for 24 months !!! The mag says "intrigued?" It's no fluke if you invested the same $10,000 in arch rival Polaris Industries you would have made similar profits with a return of $43,966 for a profit of $33,966 in the same 2 year period. If you invested $10,000 in each company you would have received $100,073 for your $20,000 investment making $80,000 profit in 2 years!!!

Gleened right out of snowgoer Magazine.

 

[arcticgeorge]

Gleened right out of snowgoer Magazine.

Yeah, so? Notice the original unedited text reads "The MAG says"

 

[Hoosier]

What part of AMERICAN did you NOT understand!!!

Probably the part about suzuki engines in the cats and Polaris soon moving engine production to Mexico.

 

[chad66]

Yea I heard this speech at the Arctic Cat dealer meeting...shoulda coulda woulda.

Chad@M&M

 

[arcticgeorge]

What part of AMERICAN did you NOT understand!!!

Who are you talking to? I never said anything about America...Theres not even a mention of it until your post? And that shoulda woulda coulda will be "been there done that if" i ever see that Cat stock under 5 bucks again!

 

[mjkaliszak]

Have you made nearly $50,000 doing nothing but letting someone hold on to $10,000 for 2 years???.....I was talking with a co worker a few years back (around 07, 08) and said that sales were really doing well for Arctic Cat now that they have been expanding their line up to include 4 wheeled vehicles along with their world class snowmobiles.... Well with the stock market being uncertain and swinging high and low as it does there were huge profits to be made............. If you had purchased $10,000 of Arctic Cat stock in the first week of March 2009 at a low $2.69 per share and sell it now just 2 years later at $14.70 per share would give you $56,107 in return !, over $46,000 profit for letting AC hold on to $10,000 of your money for 24 months !!! The mag says "intrigued?" It's no fluke if you invested the same $10,000 in arch rival Polaris Industries you would have made similar profits with a return of $43,966 for a profit of $33,966 in the same 2 year period. If you invested $10,000 in each company you would have received $100,073 for your $20,000 investment making $80,000 profit in 2 years!!!

You really have to let me know this stuff in the beginning. So If I review my spending habits .... I could have invested instead of buying 2 sleds - waited 2 years then bought 7 sleds ? That's how it's looking. ( LOL ) I never was that smart, but smart enough to realize that ME ever making money or profiting financially from this " passion " of mine will never happen. I'm content with the benefits I receive from snowmobiling, empty wallet, trips to emergency room ( just kidding ) how about the time spent with my kids, meeting other avid snowmobiliers and making friends, riding with other groups, & helping other people acquire a love for the sport.

hey dickmsp.... I feel your pain....your not alone. ( gotta love it ) at least I know ( finally ) " I'm not the only 1 in the world with this gift.

 

[polarisrider1]

Have you made nearly $50,000 doing nothing but letting someone hold on to $10,000 for 2 years???.....I was talking with a co worker a few years back (around 07, 08) and said that sales were really doing well for Arctic Cat now that they have been expanding their line up to include 4 wheeled vehicles along with their world class snowmobiles.... Well with the stock market being uncertain and swinging high and low as it does there were huge profits to be made............. If you had purchased $10,000 of Arctic Cat stock in the first week of March 2009 at a low $2.69 per share and sell it now just 2 years later at $14.70 per share would give you $56,107 in return !, over $46,000 profit for letting AC hold on to $10,000 of your money for 24 months !!! The mag says "intrigued?" It's no fluke if you invested the same $10,000 in arch rival Polaris Industries you would have made similar profits with a return of $43,966 for a profit of $33,966 in the same 2 year period. If you invested $10,000 in each company you would have received $100,073 for your $20,000 investment making $80,000 profit in 2 years!!!

Who says some of us have not already done that. Why didn't you mention the "Mag" in the beginning instead of burying your source in "intrigue".

 

[bearrassler]

I think if you invested in most American companies in early 09 you would have made a lot of money. Ford bottomed out at about 1.87 and is worth about 15.00 now so 10,000 would have urned into over 80,000, and Brunswick bottomed out at 2.71 and is worth over 25.00 now so 10,000 would have been worth over 93,000. now. I am sure that there are many more examples.

 

[arcticgeorge]

edit

 

[arcticgeorge]

Who says some of us have not already done that. Why didn't you mention the "Mag" in the beginning instead of burying your source in "intrigue".

What??? Burying my source in the intrigued??? like as in hiding it? No, wasnt doing that. The Mag reads "intrigued?" .....The quotes show thats what THEY (The Mag) said and i should have included the rest of the text in the quotes........ This why i added The Mag so that i would not be implying that i found this out myself................ Why didn't I mention the "Mag" in the beginning??? uh i was telling a story? Reflecting on a previous conversation maybe?

 

[polarisrider1]

Who says some of us have not already done that. Why didn't you mention the "Mag" in the beginning instead of burying your source in "intrigue".[/QUOT1st
What??? Burying my source in the intrigued??? like as in hiding it? No, wasnt doing that. The Mag reads "intrigued?" .....The quotes show thats what THEY (The Mag) said and i should have included the rest of the text in the quotes........ This why i added The Mag so that i would not be implying that i found this out myself................ Why didn't I mention the "Mag" in the beginning??? uh i was telling a story? Reflecting on a previous conversation maybe?

gotcha, was a little confused at first. Read it next day in mag. Thought you might have some good inside info that you wanted to share.

 

[mjkaliszak]

Who says some of us have not already done that. Why didn't you mention the "Mag" in the beginning instead of burying your source in "intrigue".

PR1 .... you need to "pull your horns in" ( LOL ), I found it interesting and didn't think articgeorge was claiming any superior wisdom or burying any source ? I thought it was a good read.

 

[whitedust]

I think if you invested in most American companies in early 09 you would have made a lot of money. Ford bottomed out at about 1.87 and is worth about 15.00 now so 10,000 would have urned into over 80,000, and Brunswick bottomed out at 2.71 and is worth over 25.00 now so 10,000 would have been worth over 93,000. now. I am sure that there are many more examples.

Exactly the market has been on a tear up since bottom so much more solid investments than any of the snomo cos so don't get caught up in mag hype. Remember who pays there bills.

 

[polarisrider1]

PR1 .... you need to "pull your horns in" ( LOL ), I found it interesting and didn't think articgeorge was claiming any superior wisdom or burying any source ? I thought it was a good read.

The large numbers and lack of smiley faces threw me. It was a good read. but at first it appeared as plaguerism. (sic?)

 

[mikeh906]

Whitedust, Well maybe Bearrassler, good call, Ford has made me liquid, bought in at 2.50 to 10.50, 13.200 shares, I only worry when I sell, and I just did by a ford, but I did not sell Ford stock, Its a buyers market was at mid 50ish in 1999, high of 18.xx in feb, and it will go huge when oil drops a bit, then sales pick back up. But I went big on it, 30% of what I had, sold the losers, took some gains, pd some tax's. [hate that] 3m , hormel , best buy, phizer, 3 oil stocks, some game stocks, ect. Has made me able to retire. All Midwest Comp's.[most] I sell the losers in Dec and hope my picks get better, take the loss to offset profit, if any. I run 25-35 stocks, 4-7 money markets. Keep some cash on hand for quickies. And get aggressive on 1-3 if things look good. Last 3 years I hit. Last 26 yrs before was a long climb, started with 35k, but the dot com era was good. Still take some big hits, HP. Poor Memory now, ect. Luck, time, and pataince. Some I still own from the 80's 1500. is 45g. and keeps growing. Still not balling, but I keep my debt to almost nothing and live cheap, take lots of time off, try to enjoy life. BTW, my father was ACE Corp attorney before, never considard the stock, Polaris had a good ride in the early 90's, nothing I would look at now, would have been better luck off with Cray, IBM, and if you got lucky Microsoft, Google, Ebay, ect. Costco, ect. . So many choices. Start young, retire early, if your lucky. This would be a very long thread to discuss 30 years of the market.