Archive for April 13th, 2010

Dow 11,000….Nice!

By at 13 April, 2010, 6:20 am

The Dow Jones Industrial Average closed above 11,000 for the first time since September 2008 yesterday. We’ve come a long way. Last night I was watching the cable show Mad Men, and a TV report in that early 1960s show was talking about the Dow “surging” almost two points that day. The market is back. [...]

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Tip of the Week: Derivatives in Shells

By at 13 April, 2010, 6:08 am

Sometimes a shell contains previously issued options, warrants or other securities that have the right to convert or exercise into common stock. These “derivative” securities have many valuable purposes in normal operating businesses. Typically these securities are exercisable or convertible at a price that is much higher than the stock is trading at on the [...]

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