| CALLAWAY GOLF COMPANY (NY:ELY) Delayed : | |||||
|---|---|---|---|---|---|
| Previous Close | $7.14 | 52 Week High | $10.31 | ||
| Open | $7.12 | 52 Week Low | $4.66 | ||
| Day High | $7.16 | P/E | N/A | ||
| Day Low | $7.04 | EPS | $-0.08 | ||
| Volume | 608,597 | ||||
| More ELY Info: Chart SEC Filings Profile Historical Options | |||||
Callaway Golf Company, together with its subsidiaries, engages in the design, manufacture, and sale of golf clubs and golf balls in the United States and internationally. Its products include drivers, fairway woods, hybrids, irons, wedges, putters, and golf balls. The company also sells golf accessories, such as golf bags, golf gloves, golf headwear, golf footwear, golf towels, and golf ...more
George Fellows - CEO, President, Director
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on Oct 17, 2009
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Article: Callaway Golf (ELY) Guides Q3 Below the Street
on Dec 22, 2008
at 01:14 PM Callaway Short I have been selling proprietary expensive golf training products for the past 27 years. My products have experienced every stock market trend since then. I can correlate my sales trends with what will happen in the high-end golf segment such as Callaway. Based on current trends my guess is that Callaway will report very weak 4th quarter results and will experience declines in sale for the next 4 quarters. I project the stock will fall to about $5 per share in that time. What concerns me about Callaway is that they attributed negative 3rd quarter results to a negative consumer psychological environment due to the election--candidates knocking the economy for political gain. And, as such, they predicted the economy would rebound after the election and thus, after the election, they would be fine. Callaway missed the real cause of the downturn and as a result could be caught with their pants down in the coming quarters. Therefore, I am shorting Callaway stock, betting on the $5 low.
Article: Morgan Joseph Downgrades Callaway Golf Company (ELY) to Hold