This is one of those stocks I never look at. Have had it SOOOO long ad haven't liked it for most of that time. But, it seems to have gone away as of 3/16. Where/how/why? Can someone help me, please?
Of course, it doesn't go back up "immediately" and I used an incorrect term. What I meant was that it will go back up to $100 in due course because it WILL bring in the great unwashed who will not pay $100 a share for any issue. So, in due course, we will have doubled our money.
I'm sorry you had such bad luck on INTC. That does not mean the same will occur with JNJ. In fact, I think once it splits allowing the people who can't/won't pay $100/share for an issue to get in, the stock will go right back up to $100.. It may take some time, but it will be back there, and we'll have doubled our money.
I most certainly hope so. I've been calling for one for a while now. And no one tell me that split doesn't do anything. It does when the stock goes right back up to pre-split levels, which I suspect JNJ will.
One would think that with the price of fuel so low, and getting lower I understand, it would be a plus for all truckers. But, but JBHT and CVTI see to be denying that.
I like the idea of a spin-off to GE holders, but I don't think that's going to happen. I would imagine the offer will be fully subscribed. I won't be among them, though. I'm going to keep my GE. If I want more financials, I can buy SYF later.
This is what will happen, according to the GE offer:
"If the exchange offer is consummated but not fully subscribed, GE will continue to hold shares of Synchrony common stock not distributed in the exchange offer. In addition, if the offer is not fully subscribed, GE will conduct a distribution of its remaining shares of Synchrony common stock through a special dividend to all GE shareholders, on a pro rata basis (the pro rata spin-off) or, alternatively, one or more additional exchange offers or exchanges of all of its remaining shares of Synchrony common stock for GE common stock within 12 months of the closing of the exchange offer. "
I own 96 individual issues and most of them are down from the start of this year so far, so don't feel too bad
Yes, it is frustrating, and rather frightening, too.
How is the new requirement that ships must be refitted with these systems going to affect us? I would think that this is going to be a very large, not really expected, expense we'll have to face.