Get Your Money Back From the Game of Golf
In the years you have been playing golf how much do you think you have spent on golf clubs?
More then $500
More then $1000
More then $2500
More then $5000
More then $25,000 ?
Well golf clubs are much like cars in the sense that they lose their value right when you drive them off the lot. Golf clubs are worth about 1/2 what you bought them for after the first time you hit them. So don’t you think it is about time you got some of that money back?
Have Callaway Endorse YOU
Well since 1999 Callaway has been paying me to use their clubs and its not because they endorse me the play their sticks every Sunday. It’s because their stock has been very predictable over the last 8 years. Callaway is a little different in the fact that they are not owned by a larger company. For example Titleist is owned by Fortune Brands which owns many other companies under its umbrella. This is a little tougher to predict how a stock is going to react during good or an off golf season. There are just too many other factors that push the price of that stock. Without getting into too much jargon and confusing the hell out of you and myself…I will explain how this all works.
There are 3 ways to predict the Callaway Stock, and if you don’t trust me you can check the numbers here ELY
3 Way To Make Money From Callaway Golf (ELY)
1. Trend #1 – Since 2002 between the months of March-April it has produced a (High-Low) pattern every year. This means that in (March-April of 2002 they had their highest price of the year) and in (March-April 2003 they had their lowest price of the year)
Example (numbers are rounded off):
2002: $19.00
2003: $11.50
2004: $19.00
2005: $12.00
2006: $17.00
2007: $15.00
2. Trend #2 – Since 2002 they have shown the same pattern but in opposite fashion. Meaning in Aucgust – October they showed a (Low-High) pattern.
2002: $11.25
2003: $16.50
2004: $10.25
2005: $15.00
2006: $12.75
2007: $17.50
If this is making your head spin just look at the comparison of the two trends placed side-by-side below:
2002: $19.00 2002: $11.25 40% Gain on a SHORT
2003: $11.50 2003: $16.50 31% Gain on a SELL
2004: $19.00 2004: $10.25 47% Gain on a SHORT
2005: $12.00 2005: $15.00 20% Gain on a SELL
2006: $17.00 2006: $12.75 25% Gain on a SHORT
2007: $15.00 2007: $17.50 15% Gain on a SELL
Starting to see the dollar signs yet?
Trend #3 – Buy Low and Sell High (Stating the Obvious)
Since I began buying the Callaway (ELY) stock there has been another very consistent pattern that can help you make some bucks during the tough times of the market. They have a very consistent HIGH and LOW price pattern year in and year out.
High = ($17-19) Range
Low = ($10-12) Range
So if you ever see the Callaway (ELY) stock in the $10-13 or even $14 range it is almost always a good buy. For this year if the trend continues the best time to buy the stock looks like it will be in (August-October) range. And will likely be ready to sell off around the (March- April) range of next year. When it comes to stocks don’t buy into all the hype that a broker tries to sell you on. Just study the trends and I always suggest buying stock of a company that you have a passion for. So, if you like golf look for golf companies to buy into…you will almost always do better with a stock you have an interest in.
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