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Oil will go back up right after the election. Bet on it.
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No demand right now for gas in the U.S. Summer's over, everyone is broke from paying so much.
I feel bad for you baby boomers that want to retire, but those of you who voted for Bush brought this on all of us. Good news is, your kids, and in some cases grandkids stand to make a lot of money in real estate, and the stock market. Who knows, if you guys live long enough, we might have enough to fix Social Security, and bail your asses out for a second time. |
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Still, OPEC has already talked about cutting production due to a drop in demand - they won't let oil fall too far. Bastards. |
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Garbage like this is exactly why we have a DC Forum. Please take it there. |
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Oct. 10 (Bloomberg) -- Italian Prime Minister Silvio Berlusconi said political leaders are discussing the idea of closing the world's financial markets while they ``rewrite the rules of international finance.''
http://www.bloomberg.com/apps/news?p...d=aP5mpMUORBWM Really hope this is smoke. Would just delay the inevitable and instill more fear. |
I don't know if this is out there, but maybe some of you folks might know.
Ok. say... Goog has 314.45 million shares MSFT microsoft has 9.13 Billion shares. I want to easily compare each stock, on the same scale, as if they both had 1 billion shares... know of any tool? to get google to 1 billion shares, we would need to add 3.1801558276355541421529654953093 times the amount of shares, thus decreasing the value by that much. GOOG would be around $100.75 if they had 1 billion shares. With MSFT, Id have to decrease the amount of shares, thus INCREASE the price per share by 9.13 as they have 9.13 billion shares. so the 21.18 stock price becomes $193.3734 per share. So, by doing this math, it appears that GOOG is a way better value. Now, does this computation have any merit in the stock market world? I have never seen this before, but its probably around and has a name. Any Stock Market Gurus out there have any input? |
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This would not take things that are important such as REVENUE and PROFIT into consideration at all. With this theory, there are penny stocks out there that are "undervalued" and excellent buys. |
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Well, that is what I am doing, changes the prices, as they 'split'. If a stock has 1billion shares at 100, then splits 2:1 then you now have 2 billion shares worth 50. I used that same principle in getting the stocks to 1 billion. To me, it makes sense... maybe to no one else. I don't know if its a valid gauge on stocks or not. But, when sprint has 2.3 Billion shares at 3 bucks and ATT has 5B @ $22... it gives me a better feel instead of 3$ vs 22$. Trying to grasp some things. |
I just use the Magic 8 Ball now to help me decide which stocks to buy.
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