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Ducati Stock Watch - Part 2
Any ground DMH has gained for the year has been lost, as the stock opened 40% lower yesterday, and is now trading at its lowest point since its initial offering in the US in 1999. Current Price for Ducati stock is below $10 at the moment.
- Past performance is no guarantee of future results
- Do not kill the messenger, if the direction of this stock is not in agreement with your beliefs
- No I do not own Ducati stock, although I might be interested in a long-term investment on it soon.
What was the cause for such a sudden move - I cannot find anything in the wires.
What does this mean, I have no idea for sure.
Is it positive or negative for Ducati? I don't know, but I do view it as an opportunity to make a good entry into the stock for a classic long-term investment, not now, but soon. (Am I recommending it -- NO, manage your own risks).
Since this sudden and large move downward is so fresh still - it's just not wise to come to any conclusions yet.
The large and unexplained move only indicates some very key events going on internally, perhaps an attempt to get rid of weak hands, I don't know for sure, and if its not in the wires, few else do.
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'04 749R
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