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Posts related to ‘Stock Splits’

The Other Stock Split Buffett Doesn’t Want to Talk About (BRK-A, BRK-B, BNI)

Posted: January 21, 2010 at 10:19 am

When was the last time that Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) was one  of the more unusual volume movers?  It is today, and you'd have to ask yourself ...
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Unisys’ Futile Reverse Stock Split Approval (UIS)

Posted: October 6, 2009 at 11:21 am

Unisys Corporation (NYSE: UIS) must not have learned the valuable lesson that many other troubled technology firms have learned about reverse stock splits.  This morning came the announcement that the ...
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SIRIUS XM Reverse Split Now Almost Certain (SIRI)

Posted: September 19, 2009 at 1:40 pm

SIRIUS XM Radio Inc. (NASDAQ: SIRI) almost had a very bad day on Friday.  Shareholders of the biggest penny stock of them all should probably be thankful that the stock ...
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Citi Now 33.6% Gov’t Owned… Reverse Split Seems Imminent (C)

Posted: September 3, 2009 at 9:46 am

Citigroup, Inc. (NYSE: C) is going to have a very active day ahead of it.  The troubled banking giant has just announced that its common stockholders approved the three resolutions ...
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ETF Reverse Splits Have Arrived… More Looming? (FAS, FAZ)

Posted: July 9, 2009 at 7:23 am

When we first floated the notion that Direxion may need to consider conducting a reverse stock split on its two Triple-Leverage cult ETFs for the financial sector, this was a ...
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Quantifying Triple Leverage ETF Performance vs. Target Index (FAS, FAZ, BGU, BGZ, ERX, ERY)

Posted: July 7, 2009 at 10:04 am

Direxion has issued its semi-annual report for its triple leverage ETF holders and there are some interesting revelations here.  While there are many others covered, we wanted to demonstrate some ...
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Rite Aid’s Turnaround Looking More Likely (RAD)

Posted: July 1, 2009 at 2:10 pm

Rite Aid Corporation (NYSE: RAD) may have just made the last or one of the last announcements that saved the reputation as far as it being a stock that investors ...
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AIG’s Futile Reverse Split To Nowhere (AIG)

Posted: July 1, 2009 at 6:28 am

American International Group Inc. (NYSE: AIG) is under pressure.  This morning is the effective date of a 1 for 20 reverse split.  Our closing bell price was $1.16 yesterday, and ...
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A Reverse Stock Split in ETFs, More Likely To Come (MWN, FAS, FAZ)

Posted: June 22, 2009 at 2:15 pm

Direxion issued a press release noting that it was conducting a one-for-two reverse stock split on for its triple-leverage ETF called the Direxion Daily Mid Cap Bear 3X Shares (NYSE: ...
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SIRIUS XM Gets Closer To Reverse Stock Split (SIRI)

Posted: May 27, 2009 at 3:29 pm

In most years, shareholder meetings are not full of much change.  This year has been very different in that manner, and SIRIUS XM Radio Inc. (NASDAQ: SIRI) just sealed its ...
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Legalized Medical Marijuana Company Now Public Stock, Really (CVIV)

Posted: April 3, 2009 at 8:50 am

If you thought that the legalized marijuana for medicinal purposes was a controversial, imagine how controversial it would be if a company was public in the sector of legalized marijuana.  ...
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Citi Plans Reverse Split & Share Conversions (C)

Posted: March 19, 2009 at 6:42 am

If you thought things were going to get quiet at Citigroup, Inc. (NYSE: C) after the 200% run up of late, they aren't if this morning's news comes to fruition.  ...
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Would Direxion Financial Bull 3X Consider Reverse Split? (FAS, FAZ)

Posted: March 13, 2009 at 2:53 pm

Day traders, ETF investors, hedgers, swing traders, and more have been using the Direxion financial leveraged ETF's as their go-to trades in the financial sector. Direxion Financial Bull 3X Shares ...
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Rite Aid Yells ‘Do Over!’ on Reverse Split (RAD)

Posted: March 9, 2009 at 8:06 am

Rite Aid Corp. (NYSE: RAD) may be hoping that its $0.22 share price won't be as important down the road as it would have been when the NYSE was actively ...
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Myriad Did What??? A Stock Split? (MYGN)

Posted: February 24, 2009 at 4:10 pm

How long has it been since a company announced a stock split?  More importantly, when was the last from a fairly large company?  I can't recall that off the top ...
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