Many companies consider pulling a reverse stock split to avoid getting delisted. But many wind up taking that path eventually anyway. Can you imagine Citibank getting delisted from the New York Stock Exchange? [Read More] Reverse Stock Split Is Bad News for Citigroup Stock
Someone is actually holding Jim Cramer responsible for some of the advice he has given, and also for the fact that CNBC has “morphed” into an entertainment channel. [Read More] 401k Advice From Jim Cramer and CNBC Exposed
Banks (and brokerage firms) that own mortgage backed securities have been required — since November 2007 — to use mark to market accounting on these securities. Coincidentally, this was just around the time these mortgage securities started dropping precipitously in value. 2007 saw many mortgage firms get wiped out, and brokerage firms and banks holding these assets started realizing the volatility of these assets. [Read More] Mark to Market Accounting: A Basic Analogy
By re-inflating the value of many securities on hand at banks, this will automatically raise the capital ratios at these banks. [Read More] Mark to Market Hearings Today
OK, so your employer announces the following regarding: Your 401k: No more match. Should I keep contributing? In a word, absolutely. If you can swing it, you ought to continue to contribute. I have given this same advice out for my entire career, but more and more over the past several months. But your employer… [Read More] My 401k: No More Match. Should I Keep contributing?
Did you know General Electric (GE) posted record revenues last quarter? That has not really helped their stock, has it? Remember always, price is the ultimate indicator, which is why I rely more and more on charts. Fundamental analysts and company management can pontificate all day long about market share, earnings and revenues. If the… [Read More] Media Focuses On The Wrong Stock Market News