Since June 15th (Father's Day)is the proverbial "Christmas" for Golf retailers, this had better be a MAJOR banner year for GOLF. But the state of the economy is not anywhere close to suggesting a surge in sales for GOLF. Just the opposite I predict. There are no indicators which suggest that golf is suddenly going to experience a comapny-saving increase in rounds played, anytime soon....if ever. This is why the GOLF insiders are trying hard to shore-up value. They keep buying their own stock at the end of each 1st Q in an insane effort to pump the stock into the 2nd Q (father's day).
Let's see what you got, boys. It's do or die, isn't it?
Once again, check out who is buying and at what price on the day their trade took place:
(BTW, golf is the LAST thing on my mind this father's day and I'll bet I am not alone. I predict you will experience your worst "christmas" ever. I look forward to your next conference call, wherein you'll rationalize yet another disastrous Q.)
21-May-08 QUANDT FRED Officer 1,124 Direct Purchase at $2.01 per share. $2,259 21-May-08 HANAKA MARTIN E Officer 20,000 Direct Purchase at $1.91 - $1.93 per share. $38,0002 9-May-08 QUANDT FRED Officer 3,650 Direct Purchase at $2.48 per share. $9,052 14-Mar-08 HARDY THOMAS G Director 3,325 Direct Purchase at $2.80 per share. $9,310 14-Mar-08 HANAKA MARTIN E Officer 11,615 Direct Purchase at $2.83 - $2.95 per share. $34,0002 13-Mar-08 HANAKA MARTIN E Officer 1,000 Direct Purchase at $2.92 - $2.93 per share. $2,9252 13-Mar-08 BERGLUND THOMAS R Director 1,500 Direct Purchase at $2.94 per share. $4,410 12-Mar-08 HANAKA MARTIN E Officer 2,377 Direct Purchase at $2.89 - $2.9 per share. $6,8812 12-Mar-08 BUARON ROBERTO Director 1,000 Direct Purchase at $2.87 per share. $2,870 10-Mar-08 BUARON ROBERTO Director 2,300 Direct Purchase at $2.79 per share. $6,417 10-Mar-08 COREY MATTHEW Officer 5,000 Direct Purchase at $3.12 per share. $15,600 10-Mar-08 HANAKA MARTIN E Officer 9,031 Direct Purchase at $2.68 - $2.92 per share. $25,0002 7-Mar-08 BUARON ROBERTO Director 2,700 Direct Purchase at $2.27 per share. $6,129 7-Mar-08 WILENS NOEL Director 2,500 Direct Purchase at $2.31 - $2.35 per share. $5,8252 7-Mar-08 GROVER JAMES Director 2,000 Direct Purchase at $2.33 per share. $4,660 7-Mar-08 HANAKA MARTIN E Officer 5,700 Direct Purchase at $2.30 - $2.51 per share. $14,0002