You are missing something. Most investors prefer to buy round lots and round lots also have lower commissions. 100 shares of a $40 stock is cheaper than 100 shares of a $120 stock. An investor does not have to buy 300 shares of a $40 stock or 100 shares of the same $120 stock (pre split). They can buy 100 shares post split and more investors can afford 4k vs 12k. Did you not get the memo?
What did you think of Amgen's managment that took your 200 share investment and turned it into 9600 shares? How was that possible?
No. We are just smart enough to let it ride. Why would we sell and pay a huge capital gain? Why would we worry when most of us bought for the long run and we did not pay 112? The trend is up. YOU are betting it will go down. The rally has just started. Amgen was dormant for the last decade and now it is going up. The long term trend is up.
It is ironic that you need them to provied you with welfare.
Not true. We Rs invested in the stock market while the Dems invested in limited edition kicks and tattoos. Did you forget that Dems hate Wall Street?
LOL @ you. Gold is way up the last 5 years.
THe stock market is up and we Rs are making money. Your tattoos and limited edition kicks did not go up today.
Sure. Let's also cut all the taxes that did not exist during the Eisenhower years and eliminate all the welfare prorgrams that did not exist.
WEak post. YOu are a little late on Apple. It is now in the low 400s down from 700. If you had a clue you would have posted when it was 700.
When is that clown ever right? He missed the boat on Vioxx. He told everyone to sell AFTER hit hit rock bottom and then told them to buy back AFTER it already went up.
Dems do not want affordable health care. They want it fo free and they want the costs passed on to those who pay which then makes hte affordable care expensive.
How do you declare the Medco merger? Shareholders of Merck were given Medco stock after they spunoff. Medco then merged with Express scripts. Shareholders of Medco were given cash and Express Scripts stock.
How do you declare the cash on your return?
Cramer is an idiot. He did the same with Merck AFTER the Vioxx problems. Then when Merck was back up he wanted people to buy. Again sell low buy high. Total moron. He thought Lenny Dykstra was a genius too.