Cramer does a flip on Harley Davidson.

[coolio]

A few weeks ago Cramer was asked about Harley (maybe by Bob Pisani, can't remember). He was very bearish on it saying that you should avoid it as we go into a slowdown and saying discretionary spending would slow thus people wouldn't buy bikes .

Anyway, on Tuesday's show (lightning round) a caller called in worried that Harley was at it's 52 wk high and asked whether he should sell. Cramer said no. Stick with it. His reasoning was that the shorts were beating down this stock and its price reflected reality. Thus it had nowhere to go but up. Huh!?

The market situation has deteriorated since a few weeks ago and Cramer is asking people to stay with this stock. Am I missing something?

[NATHAN LLOYD]

You have to be flexible from one day to the next, so his flipping on Harley doesn't surprise me. Besides, he loves all stocks when they're at their 52 week high.

[Merlin]

You are not missing anything, you just got Cramered. Jimbo preaches to do your homework and plan to hold for 18 months, however his opinions on individual stocks seem to change even within the same show. I guess if you take both sides, you are never wrong! Bottom line, get used to it, Cramer does more flip-flops than John Kerry. Check out the double flip, with a half twist he made on Ameritrade in the last two months (yahoo finance):

3/29/07 "I didn't know that stock was below 15. That's attractive here. ... That's too cheap."

3/2/07 “… he will sanction buying Ameritrade at 14”

1/23/07 “Ameritrade's good.” (closed that day at 17.51)

[timsuha]

You are not missing anything, you just got Cramered. Jimbo preaches to do your homework and plan to hold for 18 months, however his opinions on individual stocks seem to change even within the same show. I guess if you take both sides, you are never wrong! Bottom line, get used to it, Cramer does more flip-flops than John Kerry. Check out the double flip, with a half twist he made on Ameritrade in the last two months (yahoo finance):

3/29/07 "I didn't know that stock was below 15. That's attractive here. ... That's too cheap."

3/2/07 “… he will sanction buying Ameritrade at 14”

1/23/07 “Ameritrade's good.” (closed that day at 17.51)

Ohhh, linking Cramer to Kerry. I guess you played both your financial and political hands, Merlin! Good to see a wizard on the boards though.

[concrete]

A few weeks ago Cramer was asked about Harley (maybe by Bob Pisani, can't remember). He was very bearish on it saying that you should avoid it as we go into a slowdown and saying discretionary spending would slow thus people wouldn't buy bikes .

Anyway, on Tuesday's show (lightning round) a caller called in worried that Harley was at it's 52 wk high and asked whether he should sell. Cramer said no. Stick with it. His reasoning was that the shorts were beating down this stock and its price reflected reality. Thus it had nowhere to go but up. Huh!?

The market situation has deteriorated since a few weeks ago and Cramer is asking people to stay with this stock. Am I missing something?


I ride over 10k miles every year on motorcycles and ride with and know many motorcyclists. I’m always dumbfounded that anyone would mount a Harley. They handle poorly, grossly overweight and have lousy brakes. I just finished leading four guys down to Big Bend in Texas and they all rode Harleys. On three different occasions we pulled over to pick up parts that had vibrated off. I got a big kick out of watching them put on their buttless chaps every morning. All that being said who can account for taste anymore.
The local dealer tells me their sales are up 25% ytd. With Harley’s overseas expansions and with Americans appearance is all that matters attitude I’m betting they continue to grow, in spite of the fact that they build a POS.

[aiki14]

I ride over 10k miles every year on motorcycles and ride with and know many motorcyclists. I’m always dumbfounded that anyone would mount a Harley. They handle poorly, grossly overweight and have lousy brakes. I just finished leading four guys down to Big Bend in Texas and they all rode Harleys. On three different occasions we pulled over to pick up parts that had vibrated off. I got a big kick out of watching them put on their buttless chaps every morning. All that being said who can account for taste anymore.
The local dealer tells me their sales are up 25% ytd. With Harley’s overseas expansions and with Americans appearance is all that matters attitude I’m betting they continue to grow, in spite of the fact that they build a POS.

That stings buddy. I really like my Ultraglide. I think she's the best looking bike in the full dress class and I like being able to work on her myself. 940

[concrete]

That stings buddy. I really like my Ultraglide. I think she's the best looking bike in the full dress class and I like being able to work on her myself. 940

I'm just glad you called me buddy :-]

I’m not going to argue they don’t look good, they do. But, when I’m coming down a descending right hand turn in Colorado and suddenly find myself dealing with water running across the road I want to be on a bike that feels very connected to the road, that I feel at one with. Riding a Harley I feel like I’m driving a 49 Oldsmobile with a spongy suspension – which is fine – just not when things get squirrelly which invariably happens when you ride as much as I do. I rode a Road King with a stage three motor on this last trip and really enjoyed it, especially on the River Road between Lajitas and Presidio, Tx. Riding Harleys appears to be more about attitude than anything else. It’s like giving everyone the finger, without really giving it.

p.s. I'm glad you can work on it yourself. That will be very handy considering THEY CONSTANTLY BREAK DOWN!!!

[madcowdisease]

Got a classic Triumph I rehabbed myself. Granted the co. went in the s#!tter a few decades back but at one point, and the era my bike is from, they were the best bikes in the world.

Also, it's nice to stand out a little bit from the white collar crowd rolling Harleys these days.

[concrete]

imogene pass

[concrete]

78 bmw r100rs rebuilt when new by Reg Pridmore, the only person to ever win an AMA Superbike race on a bmw with a Heinrich tank.

http://www.motorcyclemuseum.org/halloffame/hofbiopage.asp?id=256