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Originally posted by Rockpuck
reply to post by sligtlyskeptical
Generally a companies value over all has absolutely nothing to do with market cap .. it has to do with profit to share .. if a stock only gains .50 per share and is valued at $100 .. it's far over valued. Remember, the price of a companies share is a bet on the overall value and productivity of the company, nothing more. People forget this anymore, because it's not exactly common for people to hold stocks for dividends, at least in the day trader crowd.
Give me a break. Market Cap = number of shares x price of shares. Apple has just over 900 million shares and they closed at $250.94. Thus Apples market cap and also their value is $228.34 billion.
So you are basically paying $202 per share for annual earnings of say $14/share.
A company earning $.50 does not sell at $100 very often. If they do there is usually a catalyst which means their earnings will acelrate at a huge rate.
Tue Jun 8, 2010 10:19am BSTLONDON June 8 (Reuters) - Sterling fell to session lows against the dollar and the euro on Tuesday after Fitch ratings agency described the fiscal challenge facing the UK as "formidable".
The possibility of a Hungarian debt crisis pushed the euro to a four-year low against the dollar on Friday and reignited fears more Eastern European nations could reveal financial frailties.
The central bank rushed to reassure investors Hungary's budget was sustainable. It said it had an account surplus and that external financing capacity should remain positive in the next two years.
The bank also said Hungary's deficit could be 4.5 percent of GDP, while analysts see a deficit of 5 percent. Both are above the target of 3.8 percent.
Gordon Brown is to face questions in parliament after revelations that he disregarded advice from the Bank of England before he sold off more than half the country’s gold reserves at the bottom of the market.
Insiders involved in the decision have broken ranks after an 18-month battle in which the Treasury has blocked attempts by The Sunday Times to make public the official advice received by Brown before he sold the gold.
They have revealed that Bank of England officials had serious misgivings over the chancellor’s determination to sell 400 tons of bullion in a series of auctions between 1999 and 2002, when the price was at a 20-year low. Since then the price has almost trebled, meaning the decision cost the taxpayer an estimated £2 billion.
Benefits and pensions targeted to cut deficit
Benefits, tax credits and public sector pensions have been formally earmarked for potential cuts for the first time under Government plans to avert a Greek-style debt crisis, the Chancellor has disclosed.
George Osborne [*Chancellor*] said these areas would be "comprehensively" scrutinised as he singled them out for special attention in the forthcoming spending review.
His announcement came within hours of Fitch, one of the world's biggest credit ratings agencies, warning that the Government must cut spending by £86 billion – at least £15 billion more than previously forecast – over the next five years.
Fitch said the cuts, equivalent to almost the entire NHS budget, [*National Health Service*] would be required to maintain Britain's reputation with international investors. Income tax for basic-rate payers would have to double to raise the equivalent amount.
There are growing signs that the Chancellor agrees with the scale of cuts proposed by the independent experts after he referred to the warning in Parliament.
Yesterday morning, Mr Osborne briefed his Cabinet colleagues on separate research showing that every government department, other than health and international development, would have to cut spending by between 15 and 20 per cent annually.
These cutbacks may now be too modest, with the credit rating agency study suggesting that departments might need to reduce spending by between 25 and 30 per cent.
Mr Osborne said: "We didn't choose the terrible economic situation we inherited. But we can work to put it right, to deal with our debts, to set our country on a brighter economic course."
Originally posted by GreenBicMan
reply to post by Stewie
3) A syndicate of some nature decides it is time to accelerate the slow death and take advantage of a non liquid security
[edit on 8-6-2010 by GreenBicMan]
Originally posted by sligtlyskeptical
So you agree that it is ok to llegally manipulate stock prices through illegal short selling? That is the problem with the organized day trade crowd. They think the end justify the means. Congress should slap trades less than 30 days with a 75% cap gains tax and that would be the end of it. Money would start being used to invest once again.
Originally posted by Stewie
reply to post by GreenBicMan
You say, his "company sucked"...
Have YOU ever had a company? Where you had to make payroll week after week? Do you even know what it means to be responsible for other peoples lives? Their livelihood?
When you own a business, you understand that it is more than what money you can make and put in the bank at the end of the day.
Utilities, Insurance, Accounting fees...the possibility that some government agency will come audit your business.
Pay whatever property taxes the county decides that you have to pay
Hot checks, break ins, employee pilferage, natural disasters,
Bic Man, you don't know &^%^$%##
You play a game, YES, you know the rules of the little game you play, but YOU DON'T CREATE S....H....I....T....
and you know it.
Originally posted by robatmj12
beryankee says today markets have stabilized there's very little chance of a double dip and we can only go higher from here atleast thats what obama and his lovely wife jezabel told me to say now my buddy geitner is taking meds for his shifting eye syndrome that only flares up when he has to tell the truth now i also have my friend nancy pelosi shes a good lookin thing but just don't ask about the subsidies she approved for starkist her sugardaddy owns 17million of i think del monte and she would have had to pay a lot of taxes but now she doesnt have to taxes are just for the peasents and by the way where's my jet and if you back up all these headliners with barney frank and al sharpton i think i'm in cash until someone administers some truth serum to this whole dog and pony show