Aha, are which books would you recommend I read so that I may cease making "ignurant commints". ET actually has a spell checker. Misspelling the word 'ignorant'... now that is a great example of self-reference if I've ever seen one. There used to be a time when not every cracker jack thought that they were an intellectual... ah, the good old days. P.S.: Oh and don't forget to PM me a copy of your reading list so I know what to avoid next time I go to my local public library.
I figure you have two high volume events so these would be two logical places for a trend line. Although, I have been wrong before about these matters. It seems like a logical place. What are your thoughts?
yabz Registered: Aug 2002 Posts: 132 04-07-08 01:49 AM Quote from tradestrong: I have a stupid question perhaps. If you own stock through the broker of another company, isn't your money technically in the ownership of the company. So does it matter if IB were to go under in that circumstance? quote from yaez All stock that you buy through IB is held in 'street name' ie it is owned by IB. You cannot buy stock in your own name through IB. Could we have some more opinions on this?I thought that stock that you held in your brokerage account and was NOT MARGINED in any way, belonged to you and could not be sold by your broker or your brokers creditors or bankruptcy manager.
I would never make an argument on P/Es. I know the theory behind it, but I have not seen much in the way to correlate P/Es with trending price. I saw First Solar quadruple although having a very high P/E and saw KBHome have a really low P/E and its still trending downwards continually....
IB market cap is off by a factor of 10 on yahoo finance and other sites. IB have market cap of 10 billion not 1 billion. Basically they are using incorrect number for the shares outstanding data. This error gives an incorrect P/E ratio too.