Buy a Hog, get HOG stock

A Harley-Davidson dealer in Milwaukee has come up with an interesting promotional idea.

Milwaukee Harley-Davidson on the city’s northwest side is giving 100 shares of Harley stock to any customer who buys a 2008 model motorcycle and 50 shares with the purchase of a 2009 model.

I’m not sure if that’s as big of a draw as they think.  HOG stock hasn’t been doing very well.

Shares of Milwaukee-based Harley-Davidson closed at $16.72 on Dec. 9. The 52-week high was $49.56 per share, recorded in December 2007.

I guess whether it’s a good deal depends on whether you think that a decline of more than 50% in the last year means that this is a great buying opportunity…or we’re still in a price decline for the company’s stock.  But, based on the way the economy has been going, I wouldn’t look for a return to that fifty bucks per share any time soon.

Maybe they can get a bailout…

Author: Dale Franks

Dale Franks is the former host of The Business Day, ”a daily, four-hour business and financial news program on KMNY Radio in Los Angeles. From 2002-2004, he was a contributor on military and international affairs for TechCentralStation.com. Currently, he a publisher and editor of the monthly political journal The New Libertarian, as well as an editor of the popular web log, Q and O. Dale served as a military police officer in the United States Air Force from 1984 to 1993, in variety of assignments both in the United States and Europe, where he also was assigned to the staff of the Headquarters of Allied Forces Central Europe. In addition to broadcasting, writing, and speaking on various topics, Dale has also been a long-time technical training instructor on a variety of computer software and technology subjects. Dale has also long been involved with information technology as an accomplished web designer, programmer, and technologist, serving as the corporate knowledge specialist for Microsoft Outlook at SAIC, the nation's largest employee-owned corporation. Additionally, he is the author of a number of software user guides used for classroom training by one of Southern California’'s premier computer training and consulting firms. His book, SLACKERNOMICS: Basic Economics for People Who Find Economics Boring, is available from Barnes & Noble.