Callaway Golf Company (NYSE:ELY)

CAPS Rating: 2 out of 5

The Company, together with its subsidiaries, designs, manufactures and sells golf clubs and golf balls.

Recs

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Player Avatar blesto (< 20) Submitted: 10/28/2010 5:02:37 AM : Outperform Start Price: $6.87 ELY Score: -32.47

Going for Par.

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Member Avatar HarryCarysGhost (99.72) Submitted: 11/12/2010 1:18:12 AM
Recs: 1

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That's right I said it...:)

Member Avatar HarryCarysGhost (99.72) Submitted: 11/12/2010 1:27:09 AM
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Member Avatar HarryCarysGhost (99.72) Submitted: 11/12/2010 1:29:18 AM
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Beers-********

Member Avatar HarryCarysGhost (99.72) Submitted: 11/12/2010 1:54:23 AM
Recs: 0

Hope you got my orginal message,

Otherwise were playing 3 card monte : )

For the record, I would red-thumb ELY!

So It's probably a strong buy.. : )

Member Avatar blesto (< 20) Submitted: 11/12/2010 3:06:35 PM
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Member Avatar blesto (< 20) Submitted: 11/12/2010 3:08:31 PM
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Member Avatar blesto (< 20) Submitted: 11/12/2010 3:31:35 PM
Recs: 0

I think I got'em at a good price. Off their recent high of $10. Book value $11.25. A long term play but this christmas I bet their Big Bertha will sell good along with their other clubs and accessories. I like the current ratio of 3.40, plus a teeny tiny dividend. The golf industry is hurting over all generally (read, it's easy to get a good tee time nowadays) and a company like Callaway is not going anywhere. Golf will eventually cycle back up.

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