polk stock price...

nooshinjohn
nooshinjohn Posts: 25,380
edited January 2009 in The Clubhouse
I did not know polk was owned by another company until today....
I guess I always assumed that Mr Polk was in charge.
The stock price is only .43 per share now. Kinda scary this economy is, but I think if they revamp and re-introduce the SDA line the value would skyrocket...
The Gear... Carver "Statement" Mono-blocks, Mcintosh C2300 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD

“When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson
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  • shack
    shack Posts: 11,154
    edited January 2009
    nooshinjohn wrote: »
    I did not know polk was owned by another company until today....
    I guess I always assumed that Mr Polk was in charge.
    The stock price is only .43 per share now. Kinda scary this economy is, but I think if they revamp and re-introduce the SDA line the value would skyrocket...

    It was actually trading for as low as .17 per share back in November. I bought some at .23 per share. I've doubled my investment. One of the few good investments I've made lately.
    "Just because you’re offended doesn’t mean you’re right." - Ricky Gervais

    "For those who believe, no proof is necessary. For those who don't believe, no proof is possible." - Stuart Chase

    "Consistency requires you to be as ignorant today as you were a year ago." - Bernard Berenson
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  • Shizelbs
    Shizelbs Posts: 7,433
    edited January 2009
    You can buy stock in Polk?
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  • TroyD
    TroyD Posts: 13,077
    edited January 2009
    The parent company, DEI
    I plan for the future. - F1Nut
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  • Toxis
    Toxis Posts: 5,116
    edited January 2009
    I love how everyone seems to think that a revamp of the SDA line will bring Polk to the top of the list. Don't you think Polk's done market research and figured out speakers of that caliber are not bought these days like they were when the SDA's were available? Like Polk just woke up one day and said "Never again, no matter what." lol It's just worth a chuckle to me I guess.
    Never kick a fresh **** on a hot day.

    Home Setup: Sony VPL-VW85 Projo, 92" Stewart Firehawk, Pioneer Elite SC-65, PS3, RTi12 fronts, CSi5, FXi6 rears, RTi6 surround backs, RTi4 height, MFW-15 Subwoofer.

    Car Setup: OEM Radio, RF 360.2v2, Polk SR6500 quad amped off 4 Xtant 1.1 100w mono amps, Xtant 6.1 to run an eD 13av.2, all Stinger wiring and Raammat deadener.
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  • comfortablycurt
    comfortablycurt Posts: 6,745
    edited January 2009
    Toxis wrote: »
    I love how everyone seems to think that a revamp of the SDA line will bring Polk to the top of the list. Don't you think Polk's done market research and figured out speakers of that caliber are not bought these days like they were when the SDA's were available? Like Polk just woke up one day and said "Never again, no matter what." lol It's just worth a chuckle to me I guess.

    That's what I was just thinking.

    I think there's even a sticky about it in the Vintage Speaker forum on here...

    People these days aren't looking for behemoths like the SDA's. Sure...there's a niche group that would love to see a revamp of the SDA's, but the consumer market as a whole wouldn't buy them. People these days want small speakers...the kind that you don't even know are there. Little satellite systems are whats in right now for the mainstream.
    The nirvana inducer-
    APC H10 Power Conditioner
    Marantz UD5005 universal player
    Parasound Halo P5 preamp
    Parasound HCA-1200II power amp
    PolkAudio LSi9's/PolkAudio SDA 2A's/PolkAudio Monitor 7A's
    Audioquest Speaker Cables and IC's
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  • Toxis
    Toxis Posts: 5,116
    edited January 2009
    and sad thing is, people don't even care about the sound. It's the look (or lack there of in some cases) and the price. Sad but it's what people want. Lack of knowledge or "give a damn." I cry daily till I go in the basment and crank up the LSI's... :D Smiles all around.
    Never kick a fresh **** on a hot day.

    Home Setup: Sony VPL-VW85 Projo, 92" Stewart Firehawk, Pioneer Elite SC-65, PS3, RTi12 fronts, CSi5, FXi6 rears, RTi6 surround backs, RTi4 height, MFW-15 Subwoofer.

    Car Setup: OEM Radio, RF 360.2v2, Polk SR6500 quad amped off 4 Xtant 1.1 100w mono amps, Xtant 6.1 to run an eD 13av.2, all Stinger wiring and Raammat deadener.
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  • carpenter
    carpenter Posts: 362
    edited January 2009
    Glad to see I'm not the only one contemplating buying some stocks.
    Perhaps the tipping point is closer then what everybody think? one can only hope..
    "If the global crisis continues, by the end of the year Only two Banks will be operational, the Blood Bank and the Sperm Bank. Then these 2 banks will merge and it will be called 'The Bloody **** Bank'"
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  • comfortablycurt
    comfortablycurt Posts: 6,745
    edited January 2009
    Toxis wrote: »
    and sad thing is, people don't even care about the sound. It's the look (or lack there of in some cases) and the price. Sad but it's what people want. Lack of knowledge or "give a damn." I cry daily till I go in the basment and crank up the LSI's... :D Smiles all around.

    Yep...very true. That's why everyone who has a Bose system thinks they have the best. Cuz it looks so elegant and nice...you can barely see it. So it must be the best right?

    Screw that...give me some 6 foot tall 180 pound speakers that actually sound good.
    The nirvana inducer-
    APC H10 Power Conditioner
    Marantz UD5005 universal player
    Parasound Halo P5 preamp
    Parasound HCA-1200II power amp
    PolkAudio LSi9's/PolkAudio SDA 2A's/PolkAudio Monitor 7A's
    Audioquest Speaker Cables and IC's
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  • fossy
    fossy Posts: 1,378
    edited January 2009
    custom order SDA's -- Im telling ya it would work:D:D:D:D:D

    That way they build only what they need to build --- now the cost would probably be a bout 5 X's what they were ............
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  • nooshinjohn
    nooshinjohn Posts: 25,380
    edited January 2009
    actually lost sleep on this last nite.... details to follow
    The Gear... Carver "Statement" Mono-blocks, Mcintosh C2300 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD

    “When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”— Thomas Jefferson
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