Polaris Stock (A Buy?)

gary_in_neenah

gary_in_neenah

Super Moderator
Staff member
Worse than most but everything is down right now. Definitely buying opportunities when/if you jump back in.

BTW, you've got an appropriate name for the current market. There's been lots of "growling" the last 6 months or so.
 
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old abe

Well-known member
gary_in_neenah said:
Worse than most but everything is down right now. Definitely buying opportunities when/if you jump back in.

BTW, you've got an appropriate name for the current market. There's been lots of "growling" the last 6 months or so.
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Tariffs do have a very broad range effects, and are part of the market decline. Or perhaps bust. But, I believe most of decline is due to jitters, from overall uncertainty issues. Take advantage wisely though!!! Still a lot of risk ahead as the money from one market is not transferring into another market as in a normal shift, or decline. Banking is showing worry. It has been a long run.
 
G

G

Guest
In the past year Pol has bought the pontoon company. They are facing increasing pressure from Honda and Yami and others on their 4 wheeler markets. They still don't have all the fire related recalls figured out. They dropped the Victory and put all their eggs in the Indian basket. They won't get to sell 4 wheelers for use in Afganistan and Syria any more. Plus all the questions with tariffs and the economy. They are opening up a new factory overseas in Poland I think. Just a lot going on. When the economy goes south toys are one of the first things to suffer. And that is what they sell. Be careful.
 
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Skylar

Super Moderator
Staff member
What was the price of Polaris stock back in 08 09? If i remember right, wasnt it around 13 bucks? Anybody buy a couple 1000 shares, and then sell it January of this year? Would have been a nice chunk of change made eh?
 
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old abe

Well-known member
grub said:
In the past year Pol has bought the pontoon company. They are facing increasing pressure from Honda and Yami and others on their 4 wheeler markets. They still don't have all the fire related recalls figured out. They dropped the Victory and put all their eggs in the Indian basket. They won't get to sell 4 wheelers for use in Afganistan and Syria any more. Plus all the questions with tariffs and the economy. They are opening up a new factory overseas in Poland I think. Just a lot going on. When the economy goes south toys are one of the first things to suffer. And that is what they sell. Be careful.
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Agree. All at the wrong time, or conditions.
 
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whitedust

Well-known member
When Polaris bought all those boat companies I was WOW I get it BUT entire product line is discretionary spending dependent and could take a huge hit if the economy takes a downturn. But to me big deal I don’t own any recreational company stocks and never will. As far the stock market downturn hang on to your arse for a huge upturn. As soon as there is a budget agreement stocks will surge up and tariff agreements will also move stocks upward. Imo the market is way over sold but I ask myself do I think the market will be higher next year at this time and my answer is yes. Sell if you like but not in my DNA right now.
 
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whitedust

Well-known member
Yep Trump said I’m not firing Powell and the market rallied biggest up day ever for the DOW 1086 points up. Lol. What a bunch of pussies worried a about nuttin. Lol Violatility the new norm imo just ride it out in near future.
 
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