American motorcycle-making icon, Harley-Davidson (ticker: HOG) is trading today at about one-fourth the price of its 52-week high of $48.05.
At the time of this yearly high, I’m sure many bought in thinking it was going to surge back to its higher levels in the low-70’s in previous years. Nope. It just keeps falling.
Is there a safety net anywhere? Somewhere? Please?
Oh, yes, there is one, if you’re the CEO of HOG! CEO Jim Ziemer made a paltry $875,000 last year. To supplement his meager earnings, he exercised $5.34 million in stock options.
It’s a good thing he sold these shares that he had options on, or he’d be stuck like the investors of HOG right now. Oink. Oink.
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