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Author Topic: HD Stock Dropped Off the Chart!  (Read 1995 times)

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Talon

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HD Stock Dropped Off the Chart!
« on: February 02, 2009, 09:54:38 AM »

Man, there's a first for me, looked at the stock indicator at the top of the page and no graph, looked at the stock quote it's 11.70!! :'(
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Gone Fishin'

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Re: HD Stock Dropped Off the Chart!
« Reply #1 on: February 02, 2009, 10:42:19 AM »

Man, there's a first for me, looked at the stock indicator at the top of the page and no graph, looked at the stock quote it's 11.70!! :'(
We'll, after years in the 40 to 60 range, it is quite a drama.

Ride safely,
Louis
« Last Edit: February 02, 2009, 04:21:21 PM by Louis »
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Re: HD Stock Dropped Off the Chart!
« Reply #2 on: February 02, 2009, 11:32:33 AM »

Man, there's a first for me, looked at the stock indicator at the top of the page and no graph, looked at the stock quote it's 11.70!! :'(

Actually, the quote is begging ... Buy .... Buy!
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Re: HD Stock Dropped Off the Chart!
« Reply #3 on: February 02, 2009, 11:38:55 AM »

Actually, the quote is begging ... Buy .... Buy!
It is tempting, but then something is saying wait a day or two it might go lower. :nixweiss:

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Re: HD Stock Dropped Off the Chart!
« Reply #4 on: February 02, 2009, 12:36:28 PM »

Waiting on $ 9.00, might make it.
Mike
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Re: HD Stock Dropped Off the Chart!
« Reply #5 on: February 02, 2009, 04:21:59 PM »

Actually, the quote is begging ... Buy .... Buy!
Could also be read as ... Sell .... Sell!
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Re: HD Stock Dropped Off the Chart!
« Reply #6 on: February 02, 2009, 04:40:25 PM »

I agree, it's still got room to drop, unfortunately.
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Re: HD Stock Dropped Off the Chart!
« Reply #7 on: February 02, 2009, 04:54:01 PM »

Vehicle sales in Ireland down 67% so far in 2009
Motorcycle sales in both Waterford Harley holding up, BMW Cork, 12 new bikes so far, I spotted one 2009 bike and one 2009 car so far this year 
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Re: HD Stock Dropped Off the Chart!
« Reply #8 on: February 04, 2009, 04:45:11 PM »

S & P has a year-end price target on HDI stock of $10.  The mkt. is killing me, 'cause I haven't got enough sense to get out until someone gets the crooks out of Wall Street.  I'd do better on the crap tables.  :o  aaaargh.  spyder
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Re: HD Stock Dropped Off the Chart!
« Reply #9 on: February 04, 2009, 07:48:51 PM »

S & P has a year-end price target on HDI stock of $10.  The mkt. is killing me, 'cause I haven't got enough sense to get out until someone gets the crooks out of Wall Street.  I'd do better on the crap tables.  :o  aaaargh.  spyder

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Re: HD Stock Dropped Off the Chart!
« Reply #10 on: February 04, 2009, 08:55:49 PM »

If you're severely upside-down on a stock that you truly think will comeback, sell it and take the loss and write it off. Wait at least 30 days and buy it back. You can drastically change your basis, while the economy goes sideways. My .02 fwiw.
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Re: HD Stock Dropped Off the Chart!
« Reply #11 on: February 04, 2009, 09:33:35 PM »

If you're severely upside-down on a stock that you truly think will comeback, sell it and take the loss and write it off. Wait at least 30 days and buy it back. You can drastically change your basis, while the economy goes sideways. My .02 fwiw.
'Losses' I've got plenty of... :-[.....'Gains' is what I'm lacking.  :oops: :nervous: har!  :drink: spyder
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Re: HD Stock Dropped Off the Chart!
« Reply #12 on: February 04, 2009, 10:39:35 PM »

Could also be read as ... Sell .... Sell!

Buy low Sell high!
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Re: HD Stock Dropped Off the Chart!
« Reply #13 on: February 05, 2009, 12:02:13 AM »

If you're severely upside-down on a stock that you truly think will comeback, sell it and take the loss and write it off. Wait at least 30 days and buy it back. You can drastically change your basis, while the economy goes sideways. My .02 fwiw.

If you already have losses up to the limit that you can claim on taxes ($3000) and then you sell for the loss, you have gained no benefit.  If you then buy it back and have a new basis, when it goes up you will show profits and have to pay taxes on those profits.  If you already have your losses, and you truly expect the stock to come back, you hold on to the stock so you do not change your basis.  You are stabbing yourself in the back if you sell and repurchase for tax purposes.

Along those same lines, if you own a stock that you truly feel will comeback, and you have no other losses to claim, you could dump off up to $3000 of it in losses, and hold on to the rest, because if it's coming back, you want to keep your basis in it.  That's my .02.
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Re: HD Stock Dropped Off the Chart!
« Reply #14 on: February 05, 2009, 08:28:15 AM »

If you already have losses up to the limit that you can claim on taxes ($3000) and then you sell for the loss, you have gained no benefit.  If you then buy it back and have a new basis, when it goes up you will show profits and have to pay taxes on those profits.  If you already have your losses, and you truly expect the stock to come back, you hold on to the stock so you do not change your basis.  You are stabbing yourself in the back if you sell and repurchase for tax purposes.

Along those same lines, if you own a stock that you truly feel will comeback, and you have no other losses to claim, you could dump off up to $3000 of it in losses, and hold on to the rest, because if it's coming back, you want to keep your basis in it.  That's my .02.

Losses in excess of $3000 can be carried over from year to year.  I'm still writing off losses fron the 2001 bust. 
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