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    • Harley-Davidson: Recession-Friendly Domestic Investment [view article]
      This sub-prime crisis wasn't created by wealthy people mortgaging their mansions. It was created by morons borrowing against their double-wides, using absurdly inflated appraisals. And what do you think they were buying?

      Hogs.

      Your research sounds good on the surface. Of COURSE Harley-Davidson wants you to believe its patrons are educated and wealthy!

      Hogwash.

      Harley's customers are hiding while their trailers are being auctioned off to the highest bidders. And guess what else is being auctioned off?

      That's right. Hogs. At fire sale prices. And THAT smells like a glut to me.

      Yeah, HOG may be a little under-valued. But don't expect to see returns like the stock produced in the last fifteen years...at least not anytime soon.

      Paco Ahlgren
      disciplinenovel.com
      Apr 07 10:46 PM
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