Is anyone gonna talk about how much these guys are paying themselves? The chairman has paid himself 160 million over the last two years?? As i'm typing this the market cap is below 10B..thats considered a mid cap... I would be pretty #$%$ if I was an employee of this company.
At 1st it was a 3 for 2, then they said there would be an additional 2 for 1 split at the same time. I guess it was a mistake by someone letting this article out.
It was 3 for 2 split. That means for every 2 shares you get 3. Or, otherwise, for every 2 shares you get one more, which is what they said.
2014 /PRNewswire/ -- Jarden Corporation (JAH) today, as previously announced, will distribute one additional share of Jarden common stock for every two shares of Jarden common stock owned by stockholders of record as of November 3, 2014.
All it takes is one mis-quoted news release, everybody just quotes it with a few changed words.
There must be only one news media company, the rest are followers.
I thought the 2 for 1 split, right before the happening date was weird.
So we start off today at $44.52 after that drop yesterday.
Now we will see if investors get #$%$, by that incorrect split announcement.
Freedom of the press, means they can do no wrong.
I wonder if a lawyer is watching and may try to put a class action lawsuit together over the confusion that may cause the price to drop today from mass sell off.
Guess price tomorrow will be $33.xx range.
With S&P rating of 5 on scale of 1 to 5 and Reuthers rating strong Buy.
with that new stock price, little guys can buy in.
Could be a good day tomorrow, unless everyone gets confused like me.
Current price is $68.00 times .66666 equals $45.33
but you will have 50% more shares in your account
after the 3 for 2 split.