| |
| |
| |
|
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
Comments:
<jcv> The daily machinations of the market has a psychology of a scared little boy (with premature ejaculation)
<jim> .p
<Enhanced> Portfolio:
<Enhanced> SOMH 1.00 (13.6780) 13.68 9+7.70%
<Enhanced> DPD 1.00 (18.6300) 18.63 4-3.22%
<Enhanced> HYB 9.00 (2.1400) 19.26 9+1.42%
<Enhanced> SOMHW 198.00 (5.8900) 1166.22 4-3.76%
<Enhanced> Total portfolio value for jim is 1217.788 4-3.56% ($-44.91) loss
<jcv> you get your bid filled?
<jim> me?
<jcv> yeh
<jim> all but 2 shars
<jcv> !q somh
<jim> they filled it in 2 partial orders
<PortStock> SOMH (SOMERSET HILLS BN) - 3:06pm: 13.678 Change(4-0.072 -0.52%) / Opened(13.5001) Lastclose(13.75) / Range: Daily(13.50 - 13.678) Yearly(10.181 - 14.6191) / Volume(2673)
<jim> of 99
<jcv> what is it?
<jim> .q somhw
<jcv> .yhoo somh
<Enhanced> SOMHW (somerset hills wt) last: 6.00 4-0.20 -3.33% (Vol: 1900) Daily Range: (5.21-6.00) Yearly Range: (2.86 - 7.49)
<Enhanced> Yahoo! Finance for SOMH: http://finance.yahoo.com/q?s=SOMH
<jcv> .yhoo somhw
<Enhanced> Yahoo! Finance for SOMHW: http://finance.yahoo.com/q?s=SOMHW
<jim> i bought the warrants
<jim> not the stock
<jcv> ok
<jcv> bank though?
<jim> i can trade my warrants in for 1.16 shares for $8.33
<jim> yes
<[katami]> Whats the difference?
<jim> `````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````
<jim> eerrr
<[katami]> ?
<jim> a warrantr
<jim> is an option to buy the stock
<jim> basically
<[katami]> :/
<jim> it gives me the right to buy 1.16 shares for an additional $8.33 for every warrant i own
<jim> i own 198 warrantsa
<jim> so i could buy
<jim> .calc 198 * 1.16
<Enhanced1> Calc: 198 * 1.16 = 229.68
<jim> for 198 * 8.33
<jim> 229.67 shares of SOMH for
<jim> !calc 198 * 8.33
<Stocks> 198 * 8.33 = 1649.34
<[katami]> instead of?
<jim> 229.67 shares of SOMH for $1649.34
<jim> !calc 198 * 6.12
<Stocks> 198 * 6.12 = 1211.76
<jim> on top of the $1221.75
<jim> i paid fore the warrants
<^cYbRsPiN> someone wanna do me a tiny fav, cant check this properly myself, open http://cybrville.blogspot.com/ , and tell me if the most recent post "BEar Bin Kitten" is showing the pic or no
<^cYbRsPiN> would apprec :)
<jim> which means i get 229 shares of SOMH
<jcv> it shows nothing
<[katami]> for 9.49 each
<jim> !caldc 1221.75 + 1649.34
<[katami]> instead of like 13
<jim> !calc 1221.75 + 1649.34
<Stocks> 1221.75 + 1649.34 = 2871.09
<^cYbRsPiN> thanks
<[katami]> !calc 2871.09 / 198
<^cYbRsPiN> thought it was just me
<jim> which means i get 229 shares of SOMH for $2871
<jim> or 1 share of SOMH
<jcv> .qx aapl
<jim> !calc 2871 / 229
<Enhanced> .qx AAPL (last: 65.43 +0.43%) (34.99 - 86.40) (EPS: 1.982) (div: none) (O/S: 850,508,000) (float: 840,046,000)
<Stocks> 2871 / 229 = 12
<[katami]> which is $14.5 a share
<[katami]> !calc 2871.09 / 198
<jim> or 1 share of SOMH for the price of $12.53
<jim> meanwhile shares of SOMH
<jim> are trading on the nasdaq for......
<jim> .q somh
<Enhanced> SOMH (somerset hills bn) last: 13.678 4-0.072 -0.53% (Vol: 2673) Daily Range: (13.50-13.678) Yearly Range: (10.181 - 14.6191)
<jim> $13.67
<jim> am I smart or what?
<jim> =P
<jim> !return 12.53 13.67
<Stocks> The Return rate for 12.53 -> 13.67 is: 9.09816440543%
<jim> w00t w00t
<[katami]> You confused the hell of me :/
<jim> 9% gain
<jim> basically by buying the warrants
<jim> and converting them to common shares
<[katami]> you bought something and that lets you buy other things cheaper
<[katami]> right?
<jim> it allowed me to buy shares of SOMH at a 9% discount
<jim> to the market price
<jim> yes
<[katami]> ok
<jim> SOMH is a small community bank operating in the third wealthiest area of the USA
<jim> somerset county, NJ
<[katami]> banks should always do good
<[katami]> along with oil companies
<jim> it has a market cap of $50,000,000.00
<jim> [katami]: oil companies usually do poorly
<[katami]> as high as they jack it up
<jim> they have a horrible long term return on capital
<[katami]> what the ?
<jim> [katami]: oil companies don't set the price of oil
<jim> traders at the NY Mercantile Exchange set the price
<jim> you can buy futures of oil
<jim> .q uso
<Enhanced> USO (u.s. oil fund et) last: 65.70 4-1.00 -1.52% (Vol: 817900) Daily Range: (65.39-66.75) Yearly Range: (65.39 - 73.23)
<jim> uso = 1 barrel of oil
<[katami]> then why do they fax me a paper everymorning telling me what gas prices are going to be...
<jim> [katami]: who does?
<[katami]> cambell oil co
<jim> who's that?
<jim> lol
<jim> trust me, oil companies do not set the price of oil
<pitz_> yeah oil is a very ****ty business to invest in
<[katami]> people that supply exxons and conocos and 76,96 etc with gas
<pitz_> oil was once something like 20% of the S&P500
<pitz_> now its like what, 5%?
<tanto> oil companies manipulate the price of oil
<tanto> =]
<[katami]> s&p500 = fortune 500 companies?
<jim> pitz_: energy is now about 10%
<jim> but it was 5% for along time
<pitz_> still a long way to go
<jim> tanto: don't spread the populist rhetoric
<jim> you know it's not true
<[katami]> what about car companies? like honda or chevrolet
<tanto> no it really is true
<tanto> the oil companies own the refineries and gas stations
<pitz_> well $2/gallon is dirt cheap
<jim> tanto: but they don't set the price of a barrel
<pitz_> for what you're getting
<tanto> yeah
<pitz_> petrol would still be cheap at $5/gallon
<tanto> it should be $5/gallon
<pitz_> we pay $4/gallon here
<pitz_> and the price doesn't exactly crimp my style
<tanto> here = ?
<pitz_> Saskatchewan, Canada
<pitz_> in oil country ;)
<jcv> lol the ****ing CEO of Exxon was on larry king live telling the world that they only make $0.05 per gallon of gas sold.
<pitz_> yeah jcv, sounds about right
<jcv> man the market raped the nation today
<[katami]> I live in alabama, and gas is 2.65 for the cheapstuff and we only make .01 per gallon at the store
<[katami]> How many stocks of a company would I have to buy to be able to have an input on it
<jcv> .q vgstx
<Enhanced> VGSTX (vanguard star fd) last: 20.03 4-0.26 -1.30% (Vol: N/A) Daily Range: (N/A-N/A) Yearly Range: (N/A - N/A)
<[katami]> Like, what %
<jim> depends
<crispexi> on the outstanding shares
<panini> 51%
Return to
#stocks
or
Go to some related
logs:
#gamedev
#italy
plate spin vmware
#flash
#netbsd
#politics
#cisco
#goal
#goal
#politics
|
|
