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ghost640
Geocacher
Joined: 03 Nov 2006
Posts: 265
Location: Independence, north of Twig
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 Posted: Thu Oct 04, 2007 10:56 am Post subject: Garmin stock |
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Has anyone been watching Garmin in the stock market? I've been a casual observer since August, its been a wild ride. They were pretty well rated most of the year, went from around $55 in January to over $120 last week. They tanked a couple days ago after Nokia bought out NavTech.
Anyway, it's pretty interesting, I think us cachers are small potatoes compared to the car navigation market, but I like Garmin's customer service record - seems head over heels over Alpine and others. Of course, it if I actually bought their stock it would be the end of them... |
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bflentje
Geocacher
Joined: 29 May 2006
Posts: 3655
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| Posted: Thu Oct 04, 2007 11:09 am Post subject: Re: Garmin stock |
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| ghost640 wrote: |
Has anyone been watching Garmin in the stock market? I've been a casual observer since August, its been a wild ride. They were pretty well rated most of the year, went from around $55 in January to over $120 last week. They tanked a couple days ago after Nokia bought out NavTech.
Anyway, it's pretty interesting, I think us cachers are small potatoes compared to the car navigation market, but I like Garmin's customer service record - seems head over heels over Alpine and others. Of course, it if I actually bought their stock it would be the end of them... |
What's the symbol? |
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Marsha and Silent Bob
Past MnGCA President
Joined: 02 Sep 2003
Posts: 6261
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ghost640
Geocacher
Joined: 03 Nov 2006
Posts: 265
Location: Independence, north of Twig
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| Posted: Thu Oct 04, 2007 1:28 pm Post subject: |
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| Nice site - I like the way they provide links to news items. GRMS is up 4.93 since this AM, lots of irrational exuberance in the GPS world. You'd think they were iPhones. |
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GeoPierce
Geocacher
Joined: 16 Nov 2005
Posts: 1657
Location: Eden Prairie, MN
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| Posted: Thu Oct 04, 2007 1:45 pm Post subject: |
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| ghost640 wrote: |
| Nice site - I like the way they provide links to news items. GRMS is up 4.93 since this AM, lots of irrational exuberance in the GPS world. You'd think they were iPhones. |
iPhones are all hype. Can they find tupperware in the woods?
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Tupperware doesn't belong in the kitchen! |
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Marsha and Silent Bob
Past MnGCA President
Joined: 02 Sep 2003
Posts: 6261
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| Posted: Thu Oct 04, 2007 1:48 pm Post subject: |
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| GeoPierce wrote: |
| iPhones are all hype. Can they find tupperware in the woods? |
Coming from the guy that probably still caches with a wristwatch GPS. Luditte!
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Sad state of affairs. |
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ghost640
Geocacher
Joined: 03 Nov 2006
Posts: 265
Location: Independence, north of Twig
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| Posted: Thu Oct 04, 2007 1:50 pm Post subject: |
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| GeoPierce wrote: |
| ghost640 wrote: |
| Nice site - I like the way they provide links to news items. GRMS is up 4.93 since this AM, lots of irrational exuberance in the GPS world. You'd think they were iPhones. |
iPhones are all hype. Can they find tupperware in the woods? |
You are thinking of the iCache, it comes out next week. |
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GeoPierce
Geocacher
Joined: 16 Nov 2005
Posts: 1657
Location: Eden Prairie, MN
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| Posted: Thu Oct 04, 2007 2:23 pm Post subject: |
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| Marsha and Silent Bob wrote: |
| GeoPierce wrote: |
| iPhones are all hype. Can they find tupperware in the woods? |
Coming from the guy that probably still caches with a wristwatch GPS. Luditte! |
You mean the guy that USED to. I've been using a 60Cx for a year now!
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Tupperware doesn't belong in the kitchen! |
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GeoPierce
Geocacher
Joined: 16 Nov 2005
Posts: 1657
Location: Eden Prairie, MN
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| Posted: Thu Oct 04, 2007 2:23 pm Post subject: |
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| ghost640 wrote: |
| GeoPierce wrote: |
| iPhones are all hype. Can they find tupperware in the woods? |
You are thinking of the iCache, it comes out next week. |
Geocoins are all hype too. Just ask SB. 
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Tupperware doesn't belong in the kitchen! |
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Marsha and Silent Bob
Past MnGCA President
Joined: 02 Sep 2003
Posts: 6261
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| Posted: Thu Oct 04, 2007 2:50 pm Post subject: |
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| GeoPierce wrote: |
| Geocoins are all hype too. Just ask SB. |
You misspelled "an absolute waste of time and money". Just figured I'd correct you 
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Sad state of affairs. |
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pfalstad
Geocacher
Joined: 02 Feb 2006
Posts: 963
Location: Edina
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| Posted: Thu Oct 04, 2007 3:59 pm Post subject: Re: Garmin stock |
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| ghost640 wrote: |
| Has anyone been watching Garmin in the stock market? |
Yes!  I bought a little at just over $102. I should have sold on Monday but I was out of town and couldn't trade until yesterday. Not sure what to do now.
| Quote: |
| They tanked a couple days ago after Nokia bought out NavTech. |
Navteq! Now that's what I should have bought: http://stockcharts.com/h-sc/ui?s=nvt |
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ghost640
Geocacher
Joined: 03 Nov 2006
Posts: 265
Location: Independence, north of Twig
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| Posted: Fri Oct 05, 2007 7:56 am Post subject: |
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I got in yesterday at just under $100, this is the time where I need to turn off the stock feed to my desktop! (Looking good right now though...)
Past performance is no guarantee... |
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MNMizzou
Geocacher
Joined: 23 Feb 2005
Posts: 635
Location: Maple Grove, MN
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| Posted: Fri Oct 05, 2007 9:09 am Post subject: |
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| Hang onto it through at least the end of the year... my hunch is the navteq deal was a knee jerk response. This stock has moved for a lot of strange reasons I'm not sure Wall St experts could really explain. But they do have an earnings report coming out the end of October, I'm guessing that will give it a spike. |
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ghost640
Geocacher
Joined: 03 Nov 2006
Posts: 265
Location: Independence, north of Twig
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| Posted: Tue Dec 30, 2008 10:05 am Post subject: |
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| Sold today at $19, part of a wildly successful capital loss campaign - woohoo! |
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pfalstad
Geocacher
Joined: 02 Feb 2006
Posts: 963
Location: Edina
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| Posted: Tue Dec 30, 2008 11:46 am Post subject: |
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| Bummer.. I sold a few days after my last message on this thread. If I hadn't sold then, I definitely would have sold when the Colorado came out! |
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