congrats. i was only holding 900 shares, and had no sell order in place. but after i logged into my broker on March 5, and did a double-take, sold two thirds of my shares for between $0.2725 and $0.29.
what bugs me is that i had an order to buy 1800 shares at 4.1 cents since late 2/3/14, but it never went through. i could have been triply rich. :/
of course, i'm still very lucky. the market goes bonkers for anything with pointy leaves, without even bothering to inspect the seeds.
Go to Southern Peru's website, click on Investor Relations, click on Key Financial Data, then click on Form 8937 in the righthand margin.
I was up 5.49% for Q1. Not so hot, though I did outperform the S&P by a hair in 4Q 2012. Also, my brokerage account is 30% cash now, so muted returns are to be expected. My real bungle is not moving this stale money into an account that yields more than 0.01%.
Congrats to those with big returns.
eh. it went from $14.20 to $17.80, a 25.35% rise, in less than 3 weeks. and that $14.20 was down from $19.17 one month earlier, a 25.93% fall. that's still fairly volatile, though i'll agree it's not quite what it used to be in price movement.
at any rate, i'm kicking myself for holding out for $14.00 to add to my position. my last purchase had been at $19.10 in late January, and i was a fool for not buying under $15.00.
there are currently 17 analysts, predicting an average EPS of $1.88 for 2011. if you remove the very low outlier of $0.12, i think you should also remove the very high outlier of $3.97. which gives an average prediction of $1.86.
It's the percentage of the 2009 dividends that were qualified versus non-qualified. I'm not sure why it's cause for celebration, but whatever. :P
I'd MUCH prefer they just issue these shares upfront, rather than doing more of the convertible debenture bullshit. Let's call it 90 billion additional shares * $0.0001 per share = $9,000,000 raised. That's not too shabby. They can operate off of that for a bit.
I sure hope it's that or some other reasonable loan. If not, then they must find a way to do a straight-up secondary stock offering. No more of this CD bullcrap. I want big dilution upfront, as opposed to staggeringly-ginormous dilution that unfolds over months.
If they plan to fund their acquisitions with their current financing approach, we will see share count in the Trillions.
"He got the economic job done with his tax cuts and there was economic prosperity for over four years."
Yes, and that prosperity was certainly authentic and sustainable. Bush replaced Clinton's popping bubble with a bigger one. They can both go to Hell.
I was wondering if anybody can clarify this from footnote #3 in the report:
"Since these vessels were acquired with existing time charters with below-market rates, we allocated the purchase price between the respective vessel and an intangible liability for the value assigned to the below-market charterhire."
I've read that sentence 10 times now, and I'm convinced it's not English. They allocated what to what?
I'm still wondering on the first question. Obviously, I've gotten the money already. From my Scottrade account:
"1/13/2009 PNC PNC BANK CORP CASH IN LIEU FRACTL SH @ 48.420 $0.00 $0.00 $36.02"
So they're using $48.42 as the effective PNC share price. The thing is, I can't figure out *which* 5 days this is an average of. I thought this merger closed on Dec 31 2008, but it certainly can't be Dec 24 - Dec 31 2008, as those average out to a mere $45.228.
Nov 18 - Nov 24 are coming close, but 4 cents too high. Dec 10 - Dec 16 are reasonably close, but 32 cents too high.
Argh! This is annoying me. The merger agreement says: "the average, rounded to the nearest one ten thousandth, of the closing sale prices of Purchaser Common Stock on the New York Stock Exchange (the “ NYSE ”) as reported by The Wall Street Journal for the five trading days immediately preceding the date of the Effective Time". Hell if I know exactly when "Effective Time" was. The agreement apparently defines it as when Articles of Merger are filed with the states of Pennsylvania and Delaware, or at a time specified in those articles. I have no idea when either was.
wrong stock. you're thinking Universal Energy GROUP (UEG), which trades on the Toronto Stock Exchange.