What is an interesting stock to write a report on for class?
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03-24-2014, 12:15 PM
Post: #8
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You might look at GNI (Great Northern Iron). The stock just recently crashed from $60 per share down to $20. According to their annual reports (usually around page 6), the company states that it will dissolve in 2015, however many large index funds were not aware of this and continued to pay an extremely high price for the stock. After an article was published a few weeks ago about the dissolution of the company, the market finally reacted and the stock plummeted. It's kind of a unique story which isn't too difficult to understand, and shows how inefficient the stock market can be.
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Messages In This Thread |
What is an interesting stock to write a report on for class? - Macattack92 - 03-24-2014, 11:31 AM
[] - The Old Guy - 03-24-2014, 11:40 AM
[] - Leaira Hathaway - 03-24-2014, 11:41 AM
[] - sanibel_999 - 03-24-2014, 11:49 AM
[] - M - 03-24-2014 12:15 PM
[] - I Like Turtles - 03-24-2014, 12:24 PM
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