|
-----------------
From: roland.freund Tuesday, March 22, 2005
08:50 AM
When did Enron stock become worthless?
In 2001 Enron became worthless
---------------------
From: lkymn Tuesday, March 22, 2005
03:38 PM
when did wcom become worthless
September 2003.
-----------------
Friday, March 18, 2005 07:10 AM
I had stock ESOP in a bank that was merged
the funds were held by the IRS as part of the merger I have been told they
have been released about a month ago but was also told i have to wait
another month or so to receive paperwork to elect whether i wish to cash
it out and then another month or so until i recieve funds I have asked the
new bank it they can do this quicker but recieve no answer to my questions
if the stock has been released and is active can I sell it? how can I get
it
Try to find out who the clearing
agent is and contact them.
---------------
From: forda357 Friday, March 18, 2005 06:57
AM
What happens to stocks when a company delist?
Once a company is delisted it
could reapply once certain obligations are met. You can have a New York
Stock Exchange company get delisted and apply for a NASDAQ listing. Or
sometimes the company goes bankrupt and the shareholders are left with
worthless stock.
----------------
From: ray_bret Monday, March 21, 2005 09:54
AM
Do you think Wellpoint will offer a 2 for 1
split any tiem soon?
Its getting pretty pricey so a 2
for 1 split does look good.
----------------
Monday, March 21, 2005 10:37 AM
whqat was the opening market proce of at&t
Wireless on July 20 2001?
The opening price was $20.50.
The high for the day was: $21
The low for the day was: $20.36
The closing price was: $20.90
--------------------
Monday, March 21, 2005 01:11 PM
I have 5000 shares of bankrupt Bethlehem
Steel oration (Delaware) and 3000 shares of Bethlehem Steel oration
Preferred Convertible $5 that would like to find the cost basis on. I have
no records but know approximately when I bought it. What can I do
Contact the investor
relations department at International Steel. This company bought out
Bethlehem. email: Blaise Derrico at: bderrico@intlsteel.com
The company must have the historical prices or they can direct you.
--------------------
From: rebelb Monday, March 21, 2005 07:33 PM
Where can I get the price of Greyhound
Corporation stock on 7-9- 76? Also, I believe the company was purchased by
the dial Corp in 1992, do you know what that price was?
Contact their corporate
communications representative at: 972-789-7204
---------------------
From: sagilso Sunday, March 06, 2005 09:34
AM
I own around 2,500 shares of Adelphia (ADELQ). It looks likely they
will be bought out by Comcast/Time-Warner in an all-cash deal. Adelphia's
stock is trading at $.20 per share and am wondering if their stock would
be projected to gain if a deal gets announced? If not, what will happen to
Adelphia's stock if they do get bought out in an all-cash deal? I look
forward to hearing from you. This looks like a great place to turn for
answers!
Thank you for the compliment.
Even if its an all cash deal there will be a "buyout" price.
Time Warner & Comcast have to figure out how much each subscriber
(sub) is worth and that will determine a share price. Once that happens
the FCC as well as the SEC has to approve it. I hope you have a good cost
average.
----------------------
From: Racerdkline Wednesday, March 09, 2005
10:31 AM
How to I figure what K-mart stock was worth for a writeoff on my
taxes since it is worthless. I own 47 shares.
Call your broker and have them
send you the BUY confirmations and this will tell you how much money you
put into it.
---------------------
Wednesday, March 09, 2005 07:45 AM
How would a find the worth of a common stock share certificate I
found going thru my son's old papers?
If you have a brokerage account
deposit it and in a few days they will be able to tell you if it has any
value.
----------------------
From: cvanzandt Tuesday, March 08, 2005
07:08 PM
CMKX? What do you think of this stock?
I have no opinion on it.
---------------------
From: DebbieGreff Thursday, March 10,
2005 10:51 AM
what are the dates of the 2 stock splits of Hewlitt Packard stock
after3-12-1998?
There was only 1 stock split after
July 16th 1996 and that was October 30th 2000.
-----------------------
From: treetop00 Monday, March 14, 2005 06:48
PM
i worked for ADP ,i sold some shares in2004, i need to know hte
price i bought them , for filing my taxes. i can not find my cover letter
that told what stock purchase plan number and price. i not sure how to
find out this information. i know longer work had this company stills
1998.
Your Human Resources department
will have to contact the 401k firm that will give you the shares and
price. Or you can have your accountant look at the years you worked for
ADP and check your previous W2 tax forms which lists how much money was
deducted from your checks. This is also based on you only investing in ADP
stock.
--------------------
From: Andersonscottd Thursday, March 17,
2005 11:35 AM
On what date did Kmart Stock become worthless?
In early 2003 the stock became
worthless. They started trading on the Nasdaq June 2003.
-----------------------
From: EdiRaider
Wednesday, March 16, 2005 10:51 AM
Dr. Stock I am doing a stock market activity at my school, and I am
wondering why UPS Stock is oscillating when it is
world-wide and delivers approximately 1.8 million packages per day?
When you are doing stock charts it
doesn't matter what the company does or the fundamnetals. The chart is
telling you the stock has broken all support and is heading lower. Don't
be surprised if it breaks its 52 week low of $67.94 shortly.
----------------------
Thursday, March 17, 2005 11:22 AM
Which year did the KMRTQ stock become worthless? 2003 or 2004. Thanks.
In 2003.
-----------------------
From: alspecs4u Wednesday, March 16, 2005
03:58 PM
what was the price of Sears stock on May 18, 1993??
Thank you so much
On May 18, 1993 Sears closed at
$53.38.
------------------------
From: jchapin4 Tuesday, March 15, 2005 10:53
PM
I own stock in Adelphia cable (ADELQ). What happens to my
stock if they decide to emerge from bankruptcy? Will it be worthless like
Kmart's old stock?
Only if the SEC allows them to
refile. But right now it looks like the
company will sell its assets to Time Warner & Comcast. Its just a
matter of what a fair price is to the shareholders.
----------------------
Froml: calexh Sunday, March 13, 2005 11:11
AM
I have 100 shares of Sears stock purchased on 8/3/74 at $64.50. On
July 18 the stock split 2:1 at a price of $57.00/$28.50. If I sell
today, how do I figure my cap gains?
You invested a total of $6,450.00
for 100 shares of Sears. If you sold your "200" shares as of the
closing price on Friday 3/18/05 at $56.95 that would total $11,390.00.
------------------------
From: braggdebbie Wednesday, March 16, 2005
10:57 AM
My father in law passed away a few months ago. As we were
going through his things we found a stock certificate for a company called
"Computer Products,Inc." It was issued Nov. 15, 1988.
I cannot find any info on this company or find out if this stock is worth
anything. Do you have any info on this stock? Thanks, Debbie
I could not find anything on the
company. The best bet is to deposit the certs with a broker and their back
office will be able to track it to see if there were any splits and if it
has any value.
-------------------------
From: jason_purifoy Friday, March 11, 2005
05:38 AM
With regard to the potential Sirius and XM satelite radio merger,
what will happen to the Sirius or XM stock? I own shares in Sirius
and am curious how that will impact me. Jason
Where did you hear they may
merge???? With any potential deal or merger there should be a decent
percentage gain if this were to happen no matter what company you owned.
---------------------
From: shadeofpale Monday, March 14, 2005
09:13 AM
If you think that a company that has filed for a Chpater 11
Bankruptcy is going to be bought out, would you purchase some shares in
that company?
Just my opinion: I never buy any
bankrupt company as they do not have a good track record of rebounding. If
you have a few dollars to through away then maybe take the chance but
don't sink a lot into it.
----------------------
Saturday, March 05, 2005 05:57 AM
what do the letters .OB at the end of a stock mean?
It means the stock trades on the
Bulletin Board.
-----------------------
From: rosjr Thursday, March 10, 2005
06:40 PM
About 1983, I worked for Allstate Insurance, then owned by Sears.
The retirement program was in Sears stock. I left with not very many
shares,which ultimately ended up as a few shares of Allstate, Dean Witter,
etc. and 3 shares of Sears. I'd like to hang on to "newco"
stock after the KMartmerger, even at .5 to one. Problem is Sears
never sent me a certificate.It's like it was book entry, but listed as
Certificate shares. The election form (cash or newco stocks) has
some exorbitant scam to gouge you if you don't have certificates to send
in. Any thing I can do?
Any proof you have with regards to
the 3 shares make a photo copy and contact Sears to have them send you a
certificate. Or find out who their stock transfer agent is and contact
them. They must send you a cert if you request and you are shown on the
books.
---------------------
From: rowdy_morse Monday, March 07, 2005
11:58 AM
what is the name of the company that takes money for walmart stock
right out of your check if you are employed there?
That is part of your 401k plan and
Wal-Marts Human Resources department can tell you who the investment
banking firm is.
-----------------------
From: sprinkles38501 Saturday, March 05, 2005
12:53 PM
I need to know what has the Enron stock symbol changed to.. Thank
You!!
The symbol is: ECSPQ.PK
It trades on the Pink Sheets and if you go to YAHOO FINANCE type in that
symbol.
------------------------
From: atrijata Tuesday, March 08, 2005 08:03
AM
what do you think of tsbi.ob?
I don't follow the stock but when
a company issues a statement that there is
no retail or institutions buying the stock then that is a red flag in my
opinion.
------------------------
From:mr higherlife Monday, March 07,
2005 02:46 PM
what is dale medical products stock symbol?
I don't think they trade publicly.
I went to their website and there is no
Investor relations department or info.
---------------------------
From: Pardesi-kudie Thursday, March 10,
2005 05:30 PM
Is it a good idea to invest in GM's Stock?
Based ONLY by looking at a 2 year
chart I feel GM could go down a little further possibly to the $25 range.
If this is a long-term buy then its not a bad entry price as you can
always dollar cost average each month.
--------------------------
From: barh Thursday, March 10, 2005
03:22 PM
for tax reasons I need the closing price of
Homestake Mining stock 2/16/1989
Homestake was bought out by
BARRICK GOLD (symbol ABX -NYSE). I would contact their investor relations
department- Mr. Darren Blasutti a:
email: dblasutti@barrick.com
They should have the previous
years Highs & Lows as well as daily stock prices.
----------------------
From: slashr711 Date: Wednesday, March 09, 2005
09:08 PM
can you tell me how a 1for40 reverce stock
split works,if i own 100 shares
When a company does a reverse
stock split the price of the stock is raised but your shares are reduced.
So in your example if the stock price was $1 and you had 100 shares that
is equal to $100. When you do a 1 - 40 reverse split now you have 2.5
shares $40 = $100.
A company usually does a reverse
split when there are to many shares outstanding and a reverse split lowers
the amount to be traded.
----------------------------
From: nanny68 Thursday, March 10, 2005 01:41
PM
what is the future of winn dixie? i own
shares, and don't know whether to sell with a loss, or wait for a
takeover?
The stock closed at $0.88 on
Friday 3/18/05 but was approved for an $800 million line of credit. As far
as selling you have to make that decision because everyone has a different
thresh hold as far how much of loss you one can take. If you have other
stocks in your portfolio and sell them at a profit you can off-set it with
the loss of any shares you sell of Winn-Dixie. In my opinion only I would
not invest any NEW money in a bankrupt company. Look at the message board
and see how many investors got screwed by K-MART.
------------------------------
From: p.maples Tuesday, March 08, 2005
12:16 PM
My grandmother recently passed away. She has
two stock certificates, how do I go about getting the name on the
certificate changed to my mother's and uncle's names?
You would have to contact her
lawyer to see if there was anything written in her will or the estate.
-----------------------
Thursday, March 03, 2005 05:07 PM
I own several shares of F. W. Woolworth Co., Woolworth Corporation
and Foot Locker stock. How can I find out the purchase price of
these stocks on the date purchased?
If you have a brokerage account I
would deposit the shares to see if there
is any value. The firm can give you historical quotes.
-------------------
From: afleming529 Friday, March 04, 2005
07:05 PM
should i sell my shares of sears stock
In My opinion I would convert the
shares as I feel K-MART will go higher and
then eventually split. A that point I would be a seller.
-------------------
From: alyami_abdulhadi Friday, March
04, 2005 02:20 PM
what will happend to enron share holdres any
informatiom on this?
I'm sorry to say you will have to
write the shares off on your taxes.
--------------------
From: renwickjoan Friday, March 04, 2005
09:06 AM
Hi again, and thanks very much for your previous help. I have
another question for you:- What is a 'SEC' fee? I get the impression that
it is some kind of 'sales tax', am I correct? (If so, please tell me how
it works).Thanks again. Joan
Each firm has to pay fees to be a
member and the SEC gets their cut.
----------------------
From: aderro Friday, March 04, 2005
09:39 AM
When was the last Kerr McGee (KMG) stock split ?
From what I can see it never
split.
-----------------------
From: Becky Smith Thursday, March 03, 2005
5:29 PM
I bought Walmart stock through the employee
purchase plan in 1986- 1987-1988 when I worked there . I have recently
sold the stock and need to know how much I paid for the stock. I can't
find out any information for those years. Please give me some info
on where to look . Thanks
Have a Nice Day!
You can go to: YAHOO FINANCE and
type in the symbol: WMT
Once you see the page with price
of the stock look to the lefthand column and you will see:
"Historical Prices". You can key in any date.
----------------------------
Thursday, March 03, 2005 01:29 PM
What happens to stock when one company buys
out another such as May Company and Federated? What generally happens to
the stock of the company being bought?
Usually there is a premium paid on
the company getting bought out.
--------------------------------
From: Cgroeltz Thursday, March 03,
2005 09:41 AM
What setttlement do you recommend for the
Sears-K-Mart merger?
In my opinion only: i would take
the stock as I feel K-MART will split. If it does split then I would sell
the stock.
---------------------------------------
Thursday, March 03, 2005 10:25 AM
when did k-mart first went public
The original name for K-MART was
"S.S. KRESGE" which went public on the NYSE on 1918. In 1976
they changed the name to K-MART.
----------------------------------------------
Wednesday, March 02, 2005 01:39 PM
How does a corproration handle buying and
selling stocks with their broker on their books?
A broker cannot be paid by a
corporation. Usually the corporations have an account set-up at a
brokerage firm and they can deal with one broker if they choose but they
cannot pay the broker a salary. That's illegal.
--------------------------------------
From: mktgmgmt Date: Monday, February 28,
2005 01:50 PM
Dr. Stock first of all, I would like to say
thank you so much, for finding the company information for
dietingplans.com. I want to sell the 200 shares of stock that I have and
contacted the company, which publicly trades on AMEX. I was told to let my
stock broker know that I want to sell my shares. The thing is, I don't
have a stockbroker and don't know the first thing about retaining one. I
was given the 200 shares of stock 5 years ago, instead of
monetary compensation, because I was on contract with them as a
freelance writer, when the company first began. I would only need a
broker for the sell of the shares, is this feasible and where do I
begin?
I personally deal with Ameritrade.
Since you don't do a lot of investing I would see if your bank can sell
the shares. Some banks bought out stock brokerage firms so they may be
able to sell the shares. If you use an "on-line" firm like
E-TRADE you can sign up via their website. You have to send the original
stock certificates to them but before you do that make sure you make
copies of the "front" & "back".
-----------------------------------------
Monday, February 28, 2005 11:56 AM
take cash or shares in the sears DEAL!? if
you are a sears shareowner?
In MY opinion only: I would take
the shares right now because I feel there is a good chance K-MART will
split soon. If they do split then I sell all my shares.
-----------------------------------------
From: dgrotheer Sunday, February 27,
2005 01:17 PM
I have found stocks from 1987 in the Golden
Nugget and can't figure out where to research what happened to the
stock??? Any Ideas on where to go?
I went to their website and there
is no "investor relations" department. You could contact the
hotel and see if they could direct you. Or you could deposit the
certificates into a brokerage account and they would be able to tell you
if there is any value.
--------------------------------------------------
F rom: vanillag2002 Saturday, February
26, 2005 11:04 AM
My Uncle left me with 100 shares of stock in
the now bankrupt venture stores, I heard they are restructuring ,how long
will this take? will this stock ever be worth anything?
I would have your accountant write
it off. If you have the stock with a broker just leave it in the account.
Ask the firm for a "worthless stock certificate" form.
--------------------------------------
From: vanillag2002 Saturday, February 26,
2005 10:54 AM
when a stock symbol has pk on the end what
does it mean?
It means it trades on the PINK
SHHETS. Generally these stocks have high risk.
-------------------------------------
From: rl69cl Saturday, February 26, 2005
09:54 AM
what is my wllmart stock worth
Wal Mart closed at $51.49 a share
on February 25th so multiply that price with the amount of shares you own.
----------------------------------------
From: jcavewilson Thursday, February 24,
2005 07:52 PM
what happens to stock in a company when it
merges with another company?
When it merges there will be
essentialy a buyout. One company may opt to pay cash for your shares, or
give you stock in their company for every share you own. It can even be a
combo of stock and cash. If you own shares in the company and the
certificates are with a broker once the merger is done your portfolio will
reflect it.
-----------------------------------------
From: mike12 Monday, February 21, 2005
05:33 PM
Can a privately held company refuse to buy
back stock from a shareholder?
The fact its "privately"
held means they have no obligation to purchase the shares as they were not
filed with the SEC.
-----------------------------------------
From: guebeshian Wednesday, February 23,
2005 07:30 PM
I wanted to find out about recent Kmart
stock prices
K-MART now trades on the
NASDAQ under the symbol: KMRT
Look them up on YAHOO FINANCE and
you can read a profile of the company or visit their website and contact
" Investor Relations" to get updated material.
----------------------------------------
From: judypage85 Sunday, February 20, 2005
09:50 PM
i have a401k) in irwin company back in 1988.
i would like to fine out what is worth now.
If its Irwin Energy
the stock is worth a shade under $0.10 cents per share. If its Irwin
Financial the stock is worth $22.94 a share as of February 25th. The fact
its a 401k you should be receiving quarterly statements to find out the
value.
-------------------------------------------
From: katbird22 Monday, February 21, 2005
04:51 PM
DO YOU KNOW WHAT THE CUT-OFF AMOUNT OF
STOCKS ARE FOR K-MART IF YOU HAVE THE OLD TYPE OF STOCKS. ALSO, WOULD IT
DO ANY GOOD TO FILE A CLASS ACTION LAWSUIT TO TRY TO MAKE THEM TO HONOR
THE OLD STOCK.
If you have the original K-MART
stock from the NYSE it is worthless. Have your accountant write it off.
The government protected them when they filed for Chapter 11. Once all the
creditors were paid (pennies on the dollar) there was nothing left. If you
get a Class Action Lawsuit letter you have nothing to lose by adding your
name to the list.
------------------------------------------------
From: mktgmgmt Monday, February 21, 2005
09:26 PM
I have 200 shares of common stock with a
company call FitnessHeaven.comissued back in November of 2000. At that
time it was worth $3.23 per share. They have since changed their name or
sold the company and it is now dietingplans.com I have contacted them for
information about present stock per share value, but have heard
nothing from them after 3 attempts. What should I do? I would like to find
out the value per share and possibly sale my shares. thank you SClay
I went to dietingplans.com website
and their a part of a company by the name of: Intermix Media, Inc. They
trade publicly on the AMEX.
You can look them up on
YAHOO FINANCE with the symbol: MIX
-------------------------------------------------
From: renwickjoan Wednesday, February 23,
2005 10:03 AM
where do you go to find 'CUSIP' numbers for
stocks? thank you.
You can go to:
http://activequote.fidelity.com/mmnet/SymLookup.phtml
--------------------------------------------------
From: bartdinwiddie Wednesday, February 23,
2005 10:23 AM
Dr. Stock My Grandfather purchased shares in
Mid- Central Oil Company in 1920 how do I find any info on this company
and any stock value
If you have the original
certificates then you should deposit it with a brokerage firm. They will
be able to determine if they have any value. Make a copy before depositing
them.
-------------------------------------------------
From: mike.prewitt Friday, February 18,
2005 02:05 PM
When you purchase stock to be a share
holder. What rights do you have to the company. Can the company refuse to
let you know the financial status of the company. Example the stock 1
share was purchased for 5000 after I inquiredon the value of the stock a
year later I was told by phone $5582. I said fine I want to sell it.
Months go by ; many phone calls and finally the BBB was contacted. Then
the company say the value was $58.62. Fishly! I suspect fraud. How do I
determine what's going on. and who to I contact.
All publicly traded companies have
to disclose earnings. Did you have an account with a broker and he refused
to sell it? If that's the case you contact your local NASD office and sue
the firm & broker.
---------------------------------------------
From: s_agila Tuesday, February 15, 2005 08:03 PM
What happens if I buy a stock between the
record date and payment date of stock split?
Your account will still reflect
the stock split.
-------------------------------------------
From: kdvanh Tuesday, February 15,
2005 07:55 PM
Dr-Stock, I had several hundred shares of
Kmart stock,(laid off employee)when the company declared bankruptcy,
how/where can I find the value of that stock,bought over 29 years,in order
to determine the lost dollar amount?
If you contact K-Marts investor
relations department they can contact the "stock transfer agent"
who has a list of all the shareholders and their purchases. Or see if you
still have your tax forms from the past years to see how much was deducted
from your checks. Maybe you accountant has copies.
--------------------------------------------
From: toolie Thursday, February 17, 2005
10:29 AM
I own 200 shares of now defunct Enron. I can
only find records of purchasing100,I think it may have split. Where
would I find historical info?
You can go to their website and
contact investor relations or ask your broker to track it down.
---------------------------------------------
From: asustaita37 Thursday, February 17, 2005
11:01 AM
If I sold 64 shares of ibm stock for 5715.17
and paid 1241.27 which were stock that had split do i claim the difference
of what i paid for it and what it sold for as cap gains? What happens to
the other stock that has no value beside it on my espp purchase detail?
this show where the stock split but does not show that i paid for it
because of the split. how doe i claim this on my taxes?
Even when a stock splits you have
an original cost basis. If you sent your broker $1000 for shares of IBM
and it split 1,2,or 3 times anything over $1000 is a cap gain. That is why
investors will sell their losers to off-set the gains at the end of the
year.
----------------------------------------------
From: kwheelhouse Thursday, February 17,
2005 04:47 AM
Is the Symbols MCWEQ and WCOEQ have any
worth
It looks like they are worthless.
But if you have the certificates I would bring them to a local broker and
they can trace it via the "cusip" numbers which are like a
catalog number on the back of the certs.
-----------------------------------------------
From: ngold24 Tuesday, February 15, 2005
08:55 AM
Dear Dr-Stock, My father (deceased)
purchased 400 shares of MCI stock for me sometime between 1984-1986 (I
think). In 1995 I signed the certs. over to my broker. They are now
worthless. How can I find out the original amt my father paid for them so
I can take the loss on my taxes. I have the cert. #s but not the date of
purchase. Help! Thanks.
All publicly traded companies have
"stock transfer agents" who have a list of the shareholders
& when shares were purchased. They may be able to trace it back to the
'80's.
Another way of doing it is since
you signed the cert over to your broker the firm should have a copy of the
certificate you deposited with the date he purchased it on.
----------------------------------------------
From: kpdancn06 Tuesday, February 15, 2005
if a person bought 100 shares for a dollar
each how much would they be worth today?
If a person bought what for $1????
---------------------------------------------------
F rom: Nederfly Sunday, February 13,
2005 9:06 AM
i am trying to find the price of sears stock
in 1972,1979, and 1993. can you help. it would be appreciated C. Clark
The best way to do this is to go
to YAHOO FINANCE. Type in the symbol "S". You will see the stock
quote and if you look at the left-hand side look where it says
"Historical Prices". Click on that and you can go as far back as
you like.
To save you time here are the
prices as of December:
December 29th, 1972 = $116.00
December 31,1979 = $18.00
December 31,1993 = $52.88
SEARS dID SPLIT 2 FOR 1 ON jULY
18TH 1977
---------------------------
From: lmrundal Sunday, February 13,
2005 11:31 AM
Step father bought stock in 1935. He passed
away, left cert to stepdughterbut didn't transfer it. She passes and
daughter gets in pile of papers. She passes and son gets in pile of
papers. No signatures, just blank transferspot. Not worth anything
?? Appreciate any comments.
Seek out an attorney but in my
opinion I would think if you can provide the death certificates and prove
the family relationships the son could have it registered in his name.
Then its a matter if the stock has any value.
-----------------------------
From: Sunday, February 13, 2005 05:48 PM
what's going on with level 3 com stock
price?
On February 14th there was a
class action lawsuit brought against LVLT. Go to this site to read about
it: http://www.nasd-law.com
-------------------------------
From: showmoor Sunday, February 13,
2005 04:40 PM
What happens to stock if the company goes
private?
If the company traded publicly and
then went private the shares would have to be purchased form the exisiting
shareholders. More or less a buyout situation.
-------------------------------
From: loumol Sunday, February 13, 2005
04:31 PM
What was Greyhound stock price at yearend
1981 1982
I could not find any quotes. The
company was broken up into 7 different companies. You had Vermont Transit
Co, Greyhoun de Mexico, GLI Holding Co. I would go to their website and
email them: www.greyhound.com
--------------------------------
From: bradrogers506 Saturday, February 05,
2005 08:38 PM
what happens to my company stock if my
company is bought out?
If your stock is publicly traded
then whatever the buyout price is that's what you will receive per share.
----------------------------------
From: kevinmonell Friday, February 11, 2005
12:05 PM
What do you think of TIVO stock?
I don't personally track the stock
but based on the technical chart you're buying a stock near its 52 week
low which is not bad. Now you have to say to yourself "How high do I
think it will go either short-term or long-term". If you feel its a
good long-term hold where the return on investment will out weigh the risk
then buy some shares. There are traders out there that will buy it under
$4 and if they get 1 - 2 points may dump it.
----------------------------------
From: michaelamendez Tuesday, February 08,
2005 07:51 AM
how much is 1 share of general motors common
stock purchased in 1989 worth today 2/8/05?
If you purchased GM on
January 3rd, 1989 you paid $83.50 for 1 share. On March 29th GM split 2
for 1 so you would have 2 shares. On 2/8/05 the closing price was $37 x 2
shares =$74. There were cash dividends paid out totaling $60.68 since '89.
So the grand total is: $134.68
--------------------------------------
From: forrester Tuesday, February 08,
2005 07:58 AM
how many times has WalMart stock split since
Jan 1997??
In the 1990's WMT split: July 9th,
1990, February 26th, 1993 & April 20th, 1999
--------------------------------------
From: relkin Tuesday, February 08,
2005 09:15 AM
What was the price of Walmart (WMT) on
5/1/99?
The markets were not open on
5/1/99 but WMT closed at $44.43 on April 30th and it closed at $44.55 on
May 3rd.
-----------------------------------------
Wednesday, February 09, 2005 12:03 PM
I have old Kapok Tree Inns Corporation
Stocks. The company is out of business what do I do with the stocks?
You could take a chance and
deposit them with a broker to see if there was any stock splits or
buyouts. Or just frame them and hang them up in the den.
--------------------------------
From: yogachic325 Saturday, February 05,
2005 01:34 PM
When was the last time that yahoo split?
YAHOO split May 12th, 2004. It
was a 2 for 1 stock split.
--------------------------------------
From: dprzski Friday, February 04,
2005 08:41 AM
What is the price of Uniroyal stock? I
have some old U.S. Rubber stock is it worth anything?
If you are asking about the old
UNIROYAL TIRE company they no longer trade. There is no value.
-----------------------------------
Wednesday, February 02, 2005 08:58 AM
what is the price per share of stock at
the Bank Of America?
Bank Of America Corp which
trades under the symbol BAC on the NYSE closed at $46.89 as of February
4th.
------------------------------------
From: katy212 Tuesday, February 01,
2005 04:40 PM
What is K-marts stock price
K-MART trades on the NASDAQ and
as of February 4th closed at $103.93.
If you owned the old stock
which traded on the NY Stock Exchange under the symbol "KM" that
is worthless.
-------------------------------------
From: bippus1 Saturday, January 29, 2005
06:26 PM
is gm a good stock @$35 to$38 range
I don't follow the stock
personally but based on looking at the chart as of February 8th I agree
with you that the $35 - $38 dollar range is a good price.
------------------------------------
From: stellamybella Sunday, January 30,
2005 10:47 AM
can you tell me the closing price of
AT&T Wireless on July 9, 2001 when it went public.
Go to this link taken from the
AT&T website. You were give a certain amount of wireless shares + cash
for every share of AT&T you owned. This site will do the cost average
for it.
http://www.att.com/ir/ss/tbi/worksheets/taxbasis7.html
-------------------------------------
From: Jsanderson_12 Monday, January 31,
2005 10:31 AM
What will happen to adelphia shares if
Adelphia is bought by Time Warner and Comcast; on the other hand, what
happens if the company sells pieces to different companies?
Even if they break up the
company there will be a final buyout price that is averaged out. They will
take the cash and divide that by the amount of shares outstanding. A
company like Time Warner could also offer a 1/2 share of their stock as
compensation. Time Warner is trading around $18 a share as of February 4th
which would translate into you getting $9 for every Adelphia share. But
I'm guessing this will be an all cash deal.
--------------------------------------
From: lee.cleveland Monday, January 31,
2005 02:45 PM
I bought additional shares of AT&T
wireless as part of the wireless spinoff. How do I determine the
price per share at the time?
Go to AT&T's website as
they will help you with the cost average for tax purposes.
----------------------------------------
From: wcwilliams3 Friday, January 28,
2005 10:10 PM
I had stock in 98' about $355.00 worth at
the time I cant find any of my papers on it how do I find it and claim it?
Or is there really any use in pursuing it?
If it was a named company
like IBM you could try to find out who their "transfer agent" is
as they would have a list of shareholders. If it was some obscure company
that you cannot even remember their name then I would say to forget about
it. Did you possibly put the certificates in a safety deposit box??
---------------------------------------
From: dwain_coquat Friday, January 28,
2005 12:01 PM
Why was enron stock declared worthless?
All the money was drained by
the greedy corporate executives.
---------------------------------------
From: michael valdez Thursday, January
27, 2005 6:12 PM
I want to buy some shares of QBID.PK
David Letterman mentioned the company (The Queer Network) in his top 10
list. Do you think this is a good buy?
You can buy shares of the
stock. It trades on the pink sheets (no jokes intended) at around 3/10ths
of a penny. I would go to their website and request a financial package
before buying or checking with your broker.
----------------------------------------
From: tomvlasic Wednesday, January 26,
2005 09:36 PM
Dr. Stock,
In December you indicated you did'nt have
an opinion on CMKX. Do you have one now? Who is the Green Baron?
Tom Vlasic
Hi Tom,
I still have no opinion on CMKX.
Sorry. I don't know who the Green Baron is.
----------------------------------------
From: ladylynn929 Wednesday, January 26,
2005 12:12 AM
Please explain how a Reverse stock split
works.
When you do a reverse stock
split there are less shares but the price is higher.
Lets say you had 1000 shares of
ABC stock and it was trading at $5 your portfolio would show a value of
$5000.
If the company does a 1 for 2
stock split the portfolio would now show you have 500 shares but the stock
price is at $10 for a value of $5000.
-----------------------------------------
Wednesday, January 26, 2005 09:35 AM
Why do companys purchase their own stock?
There are many reasons. Some of
them are: just like an investor they feel the stock is undervalued. To
give investors confidence that a CEO is stepping in to buy. The NASDAQ,
AMEX & NYSE have certain rules that the board members hold a certain
percentage.
-------------------------------------------
From: mistybrooklacount Wednesday, January 26,
2005 11:49 AM
Could I get a history of k-mart stock
from 1995 to 2005
I tried looking up the old
symbol "KM" via YAHOO FINANCE but it is no longer listed. You
could email KMARTS investor releations department and tell them you need
the prices for tax purposes.
------------------------------------------
From: dockery1218 Sunday, January 23,
2005 12:59 PM
any way of finding what gm hughes stock
sold for in 1984
I tried to locate it but could
not. I would go to this website: www.gm.com
and click on "investors" and send their investor relations
department an email.
------------------------------------------
Thursday, January 20, 2005 09:32 PM
I have a general stock question. If a
small company that is publicly traded is purchased by a larger company
that isn't publicly traded, what happens to the small companys stock? I
would assume it would still be traded, generally, would the value increase
or decrease?
According to your example the
"larger" company would essentially buy the shares of publically
traded company and absorb them making it a "private" company.
The majority of the time the larger company probably owned shares and now
makes a bid via cash. The smaller company lets say was trading at $7 you
have to hope the larger one buys them out at say $10. Thus you would have
a premium.
-----------------------------------------
From: ENBrawley Wednesday, January 19,
2005 07:29 PM
What is the status of Enron Shares (old).
I understand that they may have been declared worthless in the bankrupsy
filing in mid November 2004. I cannot get any definative information from
the internet.
The stock is worthless and you
can write it off of your taxes. Ask your broker for a "worthless
stock certificate" form.
-------------------------------------------
Wednesday, January 19, 2005 12:23 PM
whats next for IBD
IBD is not a stock I watch but
based on the price and the regulations of the AMEX it could be delisted.
Check with your broker.
--------------------------------------------
From: meihua37427 Sunday, January 16,
2005 10:48 AM
What is a difference between .ob stock
and .pk stock?
The "pk" represents
that the stock trades on the pink sheets. The "ob" means the
stock trades on the bulletin board. You won't find these stocks listed in
the local newspapers.
---------------------------
From: rajji777 Tuesday,
January 18, 2005
11:52 AM
can I cancel a contract to purchase
real estate within 24-48 hours aftersigning in Dupage county
Wheaton, IL?
I'm sorry but I
don't answer real estate questions.
-----------------------
Tuesday, January 18, 2005
12:22 PM
in stock quote, what does "pk"
mean at the end of the usual lettering(EG:dans.pk
The "
PK " represents that the stock trades on the pinks sheets.
There is no bid or ask price when you trade a stock like this.
-----------------------
From: Shirley DeShon
Friday, January 14, 2005 4:01 PM
I recently found stock certificates
for perferred and common stocks for "Taste Right Foods
Incorporated" from 1946. I did some research and found that the
company is still in operation. How do I go about seeing if these
have any value? They are not in my name, but have been in my family.
Thank you for your information.
The name of the person
whose name appears on the certificates would have to open a
brokergae account and then deposit them. Each cert has a "cusip"
number which allows the firms to adjust the stock for any splits or
buyouts. It would take about a week to get the results.
-------------------------------
Friday, January 14, 2005
08:03 AM
largest U.S. firm to file for
bankrupty in April, 1987
I beleive it was U-HAUL.
------------------------------
Friday, January 14, 2005 11:02 AM
what would happen to my ADELQ stock
if another comapny buys it?
It depends how the buyout
is structured. For example would a company like Time Warner offer
cash, stock or a combo. They may say for every share of ADELQ you
hold TIME WARNER will give you a half-share of TWX.
-----------------------------
Thursday, January 13, 2005 04:03 PM
Dr. Stock my question is I'm
interested in buying a couple of stocks that are .pk they are
trading at around .0005 cents a share. My question has a stock that
was trading at fractions of a penny ever reach .50 or even a dollar
a share.
The stocks with the
"pk" are pink sheets and they can go up or down just like
any other investment. The problem with the pinks is that they
usually have a lot shares outstanding as they fell out of favor with
investors so it will take mangement time to restructure these
companies. Its high risk and high reward.
-----------------------------------
From: Teresa Shores Tuesday,
January 11, 2005 5:11 PM
My husband received a 1500 stock option
from Kmart when he was a
manager there in July 2000. This was when Chuck Conoway was the CEO
and it was an incentive for the managers. This was basically
received in the form of a letter and certificate. We forgot about it
and when cleaning some files came across it. Since my husband no
longer is a manager with Kmart, and the stock option does not expire
until 2010, would he still be able to exercise this option, Thanks
for any info.
Teresa & Robert Shores
I would check with human
resources on that. Technically the company that traded on the NYSE
was disolved via bankruptcy protection and I would think that the
stock option is worthless. But you never know.
-------------------------------------------
From: rmoss Wednesday, January 12, 2005
09:50 AM
what happen to stock that company
go bankrupt! such as kmart.
The investors
that had the original K-Mart stock were left with a worthless stock
and should be writing it off.
----------------------------------
From: bippus! Friday,
January 07, 2005 04:40 PM
do you have any thoughts on the
stock of sharper image(shrp)
Just based on a technical
chart on January 11th:
Over the last 2 years
SHRP has hit bottom at the $14 - $16 price then makes a nice run.
Considering that most of the electronic retailers did not blow away
the Street during Christmas we could see a little more weakness but
at these levels its not a bad play. Consult with your broker as this
is just my opinion.
------------------------------
From: a1toolsandmore Saturday,
January 08, 2005 11:51 AM
How can I buy stock in Samsung or
other companies when they are listed on the Pink Sheets but no price
or activity is given yet. Everything is in O amounts. I understand
that Samsung will go public soon but how do I buy before it goes
public? Thank you.
SAMSUNG does trade the
symbol on Yahoo Finance is:
SSNLF.PK
On
January 11th it closed at: $417.25 per share.
----------------------------------
From: Hertausjoy Thursday, January
06, 2005 12:51 PM
I have a Meedwajo, Inc. Stock
Certificate. Is it worth anything? There are 500 shares
I could not find
anything on the stock. If you have a brokerage account you can
deposit it. On the back of the certificate is a "CUSIP"
number. It's basically a catalog number that is used to track
stocks. ie: if they split or were bought out. If you deposit it and
it has value the firm can find out in a matter of a few days.
-------------------------
From: mike_wrubel Monday,
January 03, 2005 01:28
PM
in regards of k-mart i purchased
certificates after
jan. 22 2002
after the commitment date. my
certificates were recorded in the corp. books after the date.
wouldnt it be under the recording acts to where i gave life to the
company under the recording acts. i bought in march, twice in june
once in oct. of 2002. now my question is how a bankruptcy judge
could let a company become deceased when new equity
was given after jan 22 2002 and
recorded in the books?
K-Mart gets more and more
confusing and many investors have been burnt. If you received a
NASDAQ listed security you are fine. But it seems the commitment
meant nothing and creditors were paid first, followed by bond
holders, preffered shareholders amd the common shareholders received
nothing. If your broker recommended the stock and it was trading on
the pink sheets then I would sue them.
--------------------
From: g_knighton40 Wednesday,
December 22, 2004
09:05 PM
What is a warrent????
A warrant trades like a
stock except at a discount to the common share. Almost like coupon.
A warrant has an expiration date but it can always be extended. An
example is: Years ago INTEL traded around $12 and had a warrant at
$3 which is a 4 to 1 ratio. If INTEL common went up so did the
warrant but it did not go point for point until the common hit I
believe $50 & the warrant was worth about $12.50. INTEL then
shot up to $100 & the warrant started to trade like crazy and
was worth $50 ++++. INTEL then "called" the warrant in.
Meaning you could either sell the warrant just like a regular stock
or redeem 1 warrant plus cash for 1 share of common.
---------------------------------
From: bippus1 Sunday, December 26,
2004 03:21
PM
if i want to own a stock till it
hits a specific price then hold it if it stays above that price but
sell it if it goes to or below will a stop order do this
You can put in a
"stop-loss" order. If it's a NYSE stock it will stay on
the books but any other exchange it will be cancelled at the end of
the trading day and you will have to re-enter it.
--------------------------------
From: lazylady Wednesday, December
29, 2004
01:17 AM
In response to an question dated
1/9/03 you were touting the stock VMII..that it would break into
double digets- $10.00 ... (there were other emails regarding it
since tho I can't find them). What is your current prediction for
VMII and why has it not performed as you had imagined it would?
Thanks..
PS.. a "search" feature on your site would be nice for
finding
previous entries using keywords.
VMII is a VERY STRONG
BUY. The company is expected to finally generate reveues in 2005 and
break even. In 2006 they should be profitable. I feel once a
contract is announced with AVAYA and a potential Telephone company
then the investor community will realize this company is going to be
a huge winner. Once any news is released regarding voicemail
installations by AVAYA (AV -NYSE) then VMII will never see these
prices again. Just my opinion.
----------------------------------------------
Saturday, January 01, 2000 09:22 AM
Edocs, Inc. a privately owned
company sold out to Siebel (SEBL), what does this mean for my edocs
stock? Thanks
If EDOCS,INC is
privately held then it means nothing to your stock. It would have an
effect if Edocs had registered stock with the SEC and it traded
publicly.
--------------------------------
Monday, December 27, 2004
02:07 PM
I have recently started investing
in stocks. Can you tell me what .OB means after the ticker?
The "ob"
represents that the stock trades on the Bulletin Board.
Generally
these are considered penny stocks as most trade under $5 per share.
-----------------------------------
From: lsaka1 Saturday, December 18, 2004
07:12 PM
Is it wise for an newcomer to make
a decision to purchase stock of 2 seperate companies that are about
to merge? for instance Sears and K-Mart. If I want to buy should I
purchase a little of both, or invest in the one that is going to
take over and become the main company in the end?
Generally the company who
is shelling out the money for the buyout will go down in price as
shareholders begin to digest what debt may be incurred. Sears may
fluctuate a little because of the holiday season but I would not
expect a great runup in price unless there were rumors that another
company may be interested in buying them out then you could decide
to make a play. It seems shareholders for both companies are happy
with the deal.
-------------------------------------------
From: chastapcs Tuesday, December
21, 2004
05:46 PM
i could use any info that has not
been found or talked to death before i make a decision on this stock
im interested in. could you help?? the stock is called CMKM DIAMOND
INC [CMKX]. thank you
I have no opinion on the
stock.
----------------------------------------------
From: asspeckman Monday, December 20,
2004
04:22 PM
what does .ob .pk mean after a
stock
The PK -represents the
pink sheets.
The OB- represents the
bulletin board.
---------------------------------
From: neilmurray2002 Tuesday,
December 21, 2004
05:32 AM
What does it mean when a stock
symbol has the letters pk at the
end if it.
It trades on the
"pink sheets". You will not see a bid or ask price on
these stocks.
----------------------------------
Saturday, December 18, 2004 04:21 PM
How do I find out if I have Anthem stock?
I was given an option to takestock or cash a few years ago and I
believe I took the stock.
Check with your broker to
see if anything was transfered into the account. If the company was
boughtout foind out who handles investor realtions questions and
they can guide you as they can get a record of what was given out by
the stock transfer agent.
----------------------------------
From: CarrieLynn23 Monday, December
20, 2004
09:32 AM
What happens when a stock is
suspended? If they do not open trading on the stock again what
happens to the $ we've invested? Also is there a timeframe it can be
suspended for?
Once a stock is suspended
from trading the SEC decides when or if it should continue trading.
If the stock was on the New York Stock Exchange they have the right
to drop them then the company can apply to the AMEX, NASDAQ,
BULLETIN BOARD or PINK SHEETS. If the stock does not meet certain
standards they could also file for bankruptcy and nver trade again
at that point you lose your investment.
----------------------------------
From: joseph Tuesday, December 14, 2004
05:42 PM
We own shares of Veritas, and today
we learned that Symantec is in the process of aquiring the company
Veritas (VRTS). We acquired the stock at $16-17, so what happens
when another company buys the company that we have stock in? Thank
you for your time.
As the deal is waiting
for SEC approval you will get 1.12 shares of Symantec software for
every share of VERTS. So if you go by December 23rds closing price
of 25.37 your value is now at $28.41. You could either hold or sell
the stock. In any event you have a GREAT cost average. If you had
1000 shares once converted it will now show 1120 shares of SYMC in
your portfolio. This is done via computer transfer.
--------------------------------------------
Sunday, December 12, 2004
07:47 PM
do you think ge will hit $40
If you look at the chart
GE broke a 52 week high on December 14th at $37.75 and now is
pulling back slightly which is healthy. Generally stocks that hit
new highs will have profit taking of 10 - 15% so GE could retrace to
$32 - $34 if that occurs then a nice run up should ensue. Just check
the volume and make sure its trading within its 30 day average.
----------------------------------------------------
From: loisennis Monday,
December 13, 2004
04:51 PM
I own stock in the bankrupt K-Mart.
How can I close this out and take the loss on my 2004 taxes.
Ask your broker
to supply you with a "worthless stock certificate" form
and have your accountant off set any gains you may have for 2004.
-----------------------------------
From: timone34
Thursday, December 09, 2004 06:30 AM
how would i go about finding out
how to get money that was put into 401k about ten years ago and what
type of info would i need to conform.
To save yourself from
getting hit with taxes then I would open another 401k account with
any brokerage firm and then roll it over. If you held the original
401k with a company you use to work for then the should still have
it in house. If thats the case contact their payroll division which
will give you more info.
-----------------------------
From: tbandier Wednesday, December 08,
2004
01:58 PM
what happens to your stock when the
company files for bankruptcy? Part II when the company reemerges do
you get your shares back?
If you take the case of
K-Mart they had stock trading on the NYSE filed for bankruptcy paid
all their creditors, bondholders etc and the common shareholders got
nothing as there was no money left. K-Mart retired the shares and
issued new shares on the NASADQ and the original shareholders got
nothing.
In
your case that is what you have to look for. Did the company
"retire" the shares you originally held, did they
re-emerge as a private company which in that case the shares you
have are worthless unless its trading on the stock exchange again.
---------------------------
From: pelatiatrujillo Monday,
December 06, 2004
05:19 PM
What are penny stocks?
Penny stocks are usually
classified as a stock trading under $5
--------------------------
From: kachina Monday, December 06,
2004 09:34 PM
hi, my father and i purchased a lot
of kmart years back. do we still have these shares? or were they
lost in the bankruptcy filings they had? thanks in advance for your
time
I hate to break the news
but the shares were retired worthless. You now have a tax write off.
---------------------------
From: dviefhaus Tuesday, December
07, 2004 09:54 AM
My mom recieved walmart stocks when
she worked for them in 1981 but moved and never found out what
happened to her stock. How do we find out where to look for them and
are they still there.
You would have to contact
Wal-Mart investor relations and they will call the transfer agent
who has a list of all the shareholders. They can be replaced.
-------------------------------
From: s_super_us Tuesday, December
07, 2004
02:05 PM
If I was to have shares with K-Mart
before they went bankrupt, will my shares still be in the market
since K-mart has been re-developed?
The original K-Mart
shares which traded on the NYSE are worthless. Its now a tax
write-off. The stock you see trading on the NASDAQ was a new issue
the stock you owned was retired.
--------------------------------
From: mhart623 Friday, December 03, 2004
I own a small amount of shares from
working for Foot Locker who was part of the Woolworth Corporation in
the 1990's. But Woolworth is no more and Foot Locker is on the name
I see on the stock exchange. Did those shares transfer to the Foot
Locker name? Are they still have worth?
In my opinion they did
transfer over to the symbol FL which is on the NYSE.
If you want to make sure
100% open a brokerage account and deposit the shares or stop by a
firm and they can call the clearing agent to verify.
-----------------------------
From: simmonsjames Friday, December 03,
2004
02:30 AM
My wife was an att wireless
employee and had been given two stock optioncertificates one for 400
shares at $16.50 and one of 250 at $29.00. What happens to them
since Att wireless and Cingular Wireless merged.
From what I read the
buyout price was for $15 which means the stock options are worthless
since they are higher then the price Cingular paid for ATT Wireless.
-----------------------------------------
From: wbholt Thursday, December 02,
2004
05:11 AM
dates of walmart stock splits since
1972
Splits ocurred in:
August ' 75 -2/1
December ' 80 -2/1
July ' 82 -2/1
July ' 83 - 2/1
October ' 85 -2/1
July ' 87 -2/1
July ' 90 -2/1
February ' 93 -2/1
April ' 99 -2/1
----------------------------------------
From: maryschool Thursday, December
02, 2004
09:57 AM
What happens to the stock when two
companies merge? Anthem and Wellpointmerged and anthem's stock
became wellpoint's stock and Anthem employees are now Wellpoint
employees. Wouldn't the stock transfer over to the other company. Do
I lose my stock by holding on to the stock as the company was
purchased. Should I have sold it. How does that work?
It states under the terms
of the agreement Wellpoint stockholders will receive $23.80 in cash
& one share of Anthem common stock. You did not lose any shares.
Check with your companys payroll director or your paystub will show
if money is being taken out if you were in a 401k plan.
-------------------------------------
From: mja57 Tuesday, November 30,
2004
My wife's mother's estate is in the
process of settling and there are 100 shares of Kerr-McGee stock in
it. These were purchased back in the 60's,then reissued in the early
80's. How do we determine the value today and how do we find out the
history and impact of any splits?
The easiest and
best way do this is to deposit the shares in a brokerage account as
they will be able to track the history of it and once the shares are
settled in you will see if there is any value.
-------------------------------
From: geraldgarner
Wednesday, November 24, 2004
07:49 PM
i have old k-mart stock from 1987 what is
it worth?
I'm sorry to tell you the
stock is worthless. When K-Mart filed for bankruptcy they paid out
the creditors, bond holders and whatever was left went to the
preffered shareholders the common stock holders like yourself
received nothing. The stock you see now is a new issue which trades
on the Nasdaq. The NYSE K-Mart stock went to the pink sheets and was
retired worthless.
-----------------------------------
From: mcostantini Friday, November
26, 2004 08:39
AM
I am interested in two stocks
advr.ob and vmii what is your input.
thank you
I don't follow ADVR but
the fact its in the bio-tech sector anything is possible with an FDA
approval. VMII
is my biggest holding. Look for tremendous things to happen in the
60 - 90 days.
---------------------------------
From: laserhaas Tuesday, November 30,
2004 10:22 AM
eToys filed bankruptcy,, it has a
confirmed plan,,, It is now 3 years old and the intention is to
dissolve the public shares. In the course we found
out the the attorney for the creditors committee
placed a CEO in etoys that the attorney for the Creditors Committee
had a secret partnership with.
Question 1. Does the illegal collusive intent to defraud change
things. question 2. As the public shares /entity is not yet
dissolved can it be saved as there were companies that wanted to do
so,, but the creditors and the CEO objected,,, now that we know they
had a secret deal,,, can the public
shell still be salvaged.
The only thing I can tell
you is look at the many questions I receive on K-Mart and how they
screwed all the shareholders. ALso MCI, ENRON & Global
Crossings. These were some of the biggest companies in the world and
the SEC protected them. I would think there is a case to salvage the
shell but at what price. And with a class action lawsuit i would say
the SEC would just dismiss the attorney but still tell the
shareholders its worthless and you have a tax write-off.
-----------------------------------
From: spizaj Tuesday, November 30,
2004 08:25 AM
If I owned 100 shares of
AT&T in 1980, what companies to I own now? And could you tell me
how many shares of each company?
The stock itself would
now give you about 300 shares after the splits but as far as other
companies I can't help you with that. Lucent would be one.
------------------------------------
From: matymatt Friday, November 26,
2004
07:40 PM
Can you explain the $50 cash
offering for current Sears Stock
holders. Is this on top of what I already own of Sears b/c the price
of the stock is over $54 so I would think it is to just not trade it
in. Am I wrong?
For each share of Sears
you can get $50 in cash. Even though the company right now is
trading above that price $50 is what you get back.
You also have the option
of taking a " 1/2 " share of the new formed holding
company. The reason for the "1/2" share is because the new
company is going to be trading at $100 a share. So if you want to
own shares of the new company you have to give up 2 shares of Sears.
You have to way the risk:
take the $50 cash or if
good news comes out now and Sears goes up to say $55 sell. OR give
up 2 shares of Sears for every new share of the holding company and
hope the price stays above $100.
--------------------------------------
From: ztxs: Sunday, November 28, 2004
07:46 AM
when I was a child my father bought
stocks in my
name,unfortunately my father has since
passed away. All I know is the company name, what do
I need to
do to prove I own this stock?
You would have to contact
the company and if they are still around then the corporate office
can direct you to the "holding company" which has a list
of all shareholders. From there you should be able to get the stock
certificates re-instated.
------------------------------------------
From: stepthisway Sunday, November
28, 2004 11:10 AM
HOw has McDonalds stocks performed over
the last five years?
The easiest way to find
out is go to
www.yahoofinance.com and enter their symbol: mcd
You will be able to click on a chart and go back as
far as you'd like. Looking
at the 5 year chart they were as high as $50++ and as low as $12+.
---------------------------------------
From: Dale Meins/ Sunday, November
28, 2004 11:27 AM
Buying Stock Options How does it work?
Options are VERY risky
and it would take me to long to explain but the best website is:
www.cboe.com
click
on: " Learning Center "
--------------------------------------------
From: clarkec Monday, November 29,
2004
03:52 PM
what does an E mean after a stock
They have not complied
with the Nasdaq, Bulletin Board, AMex regulators as far as
price needing to maintain a certin price, or amount of insiders
holding the stock etc. If you read about the stock you own then
there should be a news item letting the shareholders know as the
company must file with the NASD or SEC. Or you can go to:
www.sec.gov
and search for the company by stock symbol and the paperwork should
be on file for you to read. Generally these companies get the filing
done and the " E " drops off.
----------------------------------
From: HawkeyeMA Monday,
November 22, 2004 04:57 PM
Should I take the $50 per share
offer for Sears or take 1/2 share of new merger?
I hate to hedge on
this but its your call. Depending on the amount of shares you own
and how much money you invested in Sears I would do this
"PERSONALLY".......
Lets say you had $5000
invested in Sears I would take 100++ shares of the $50 buyout price.
This way you got your original investment out plus a few dollars
profit. Then take the rest in the 1/2 share option. If you see a
nice return on the investment short-term then start to scale out of
some shares and use it for other investments and keep a few shares
for the long-term. Always stay liquid so if something comes along
you have the cash.
This is just my opinion.
--------------------------------------
Sunday, November 21, 2004
03:33 PM
KMART HAD TO CLOSE ALOT OF KMARTS-SO
THEY DID NOT HAVE TO GO BANKRUP,SO HOW CAN THEY BUY SEARS?
There is a lot of
speculation with regards to K-Mart and the closing of stores. The
bottom line is the government granted them bankruptcy protection
which got rid of a ton of debt and screwed the loyal shareholders.
------------------------------------------
From: jlweary Saturday, November
20, 2004 04:28 PM
how do you become a share holder
member
Buy the shares of the
company
-------------------------------------------
From: jlweary Saturday, November 20, 2004
04:30 PM
how much stock have to be to split?
There is no set
price that a stock has to be in order to split. Its decided by the
board of directors and the sharholders. Its usually designed to make
a stock more attractive to buy.
------------------------------
From: Walter Wedler
Thursday, November 18, 2004 6:40 PM
As a former Kmart common stock
holder, I am bewildered by our bankruptcy laws. In the pecking order
of paying off debts, the common stock holder is last to be paid.
Since the common stock holders received nothing indicates that there
were no more assets to liquidate. When Kmart reemerged last year
from bankruptcy it quickly returned to profitability. Not on the
back of sales, but by selling off assets (realestate - stores). The
stock shot up to over $100/share, and now Kmart purchased Sears for
$11 Billion. My question is: Since the real estate (stores) are
assets, how come they weren't sold (liquidated) when Kmart filed for
bankruptcy, and the proceeds distributed among the common stock
holders (owners)?
K-Mart did not own all
the stores they were in, many of them were leased. The ones that
they closed also hurt the leasing agents but they got away with it.
-----------------------------------------------------
From: Eaweir53 Wednesday, November 17,
2004 10:10 PM
I'm ashamed to admit it, but, I
purchased Kmart Bethlehem Steel TWA Western Water before they went
into bankruptcy. Are these stocks worth anything to anyone? Is there
a website that lists the final disposition of stock in cases like
this? I also purchased shares in a biometrics company and a hardware
store that went bust. I'm beginning to think my investment choice is
the kiss of death for companies. Would preferred stock have suffered
any better with these companies? E-A
You can do a search lets
say on Bethlehem Steel and see they were bought out by another
company but for the most part the companies you listed are
worthless. I would ask my broker or account to get you a
"worthless stock certificate" form and write them off. If
you have the original certs you can deposit them to see if any value
shows up. Preffered shareholders get paid before the common
shareholders, but you have to pay the creditors & bondholders
first.
---------------------------------------------------
From: jim_and_di Thursday, November 18,
2004 8:48 AM
Subject: rainbow media corp
My father has a stock certificate
issued to him dated Feb 12, 1986 for 11,000 shares of Rainbow Media
Corp. Is this the same Rainbow that is owned by Cablevision now? I
can NOT find a stock ticker symbol for this company anywhere, even
on historical charts, other than some tracking shares that
Cablevision issued (RMG) in 1999 and then bought back a few years
later. I think he said he only paid .17 cents a share for the stock
back then so that may be another reason I can't find it listed
anywhere? Any help would be appreciated.
jim
Cablevision did buy back
the tracking stock I think for $2 - $3 a share. You can contact
their investor relations department and they can fill you in. There
is also a chance they gave you " X " amount of CVC
shares for each Rainbow Media share. I would just deposit the RMG's
shares into a brokerage account and the firms back office will
handle all the conversions in about a week. If you do this make a
copy of the cert before depositing the original.
--------------------------------------------------------
From: pappa_15 Thursday, November 18,
2004 08:35 AM
When Kmart filed for bankruptcy,
did their stock become worthless or did it just change to the Kmart
Holding stock?
It became worthless.
Sorry.
------------------------------------------------------
From: chuckieswife Thursday, November 18,
2004 12:15 PM
If my KMART stock is no good, why
is my brokerage firm a huge increase in my portfolio value? I am
confused, it says the stock is suspended from trade for right now?
What does that mean? Is it good or not? Thank you for your
help
If you owned the stock
symbol KMRTQ. If you have the stock with the symbol KMRT then you
are fine. The previous shareholders who owned K-Mart on the New York
Stock Exchange were caught up in the bankruptcy and the stock was
delisted to the pink sheets and then dissolved with no value. I'm
glad you own the new stock KMRT which trades on the NASDAQ.
-----------------------------------------------------------------------
From: kenneth.king Wednesday, November
17, 2004 02:06 PM
What happen to "KMRTQ"
stockholder, have they lost their money?
The previous share
holders were left at the alter. The stock you have is worthless and
I suggest you have your accountant write it off.
---------------------------------------------------------
From: amanda carrier Wednesday,
November 17, 2004 1:49 PM
Hello. What is the price of Hewlitt
Packard stock? Thanks for your
time.
As of the close on Friday
11/19 Hewlett - symbol HPQ closed at $20.08 a share. You can always
track the price by going to YAHOO FINANCE and typing in the symbol.
----------------------------------------------------
From: MINNIE974 Wednesday, November 17,
2004 6:27 AM
Can you tell me how much Kmart
stock is worth today since they
merged with Sears?
K-Mart did not
"merge" but actually "bought" out Sears. As of
the close of Friday's trading 11/19 the price of K-Mart was $105.
----------------------------------------------
From: jhlyne Wednesday, November
17, 2004 08:03 AM
I have a quick stock-related
question for Owen:
I bought 1600 shares of K-MART when
it was about 11 cents a share. Now, obviously, it's $115 a share.
Problem is, after I bought the stock, when they were in bankruptcy,
they de-listed it. So I apparently get nothing. While I understand
how this works, I wonder if shareholders ever band together and
tried to get a pay-out for this. If so, how do I find the other
former shareholders?
There is nothing you can
do except write the $1600 off on your taxes. I always advise people
NOT to invest in companies that file for bankruptcy. There were 2
professor from Yale who went as far as the 1960's to see how the
companies fare when they file for bankruptcy and if I remember
correctly 95% never trade again or go private and the rest never go
back to the glory days but just plod along. The original class
action lawsuit was thrown out of court.
-------------------------------------------------------
From: dianasamples Wednesday, November
17, 2004 10:07 AM
My husband and I lost money when K
Mart dishonored their stockholders. Has anyone filed a class action
lawsuit against K mart for this? If so, do you know how I can get in
touch with them?
The courts protected
K-Mart when they filed bankruptcy protection. I hoping with the news
of the buyout of Sears there will be enough of an outrage to try to
get a civil lawsuit against them. The lawsuit was thrown out of
court.
-----------------------------------------------
From:kaerlite Wednesday, November 17,
2004
10:59 AM
I saw the question asked by the
stockholder who owned K-Mart stock prior to its bankruptcy. I hit on
your web site after reading that the stock that was issued after
bankruptcy for $15 a share is now trading for over $100 a share,
especially after the acquisition with Sears was announced. So I take
it that the bottom line is that the stock I paid $10 for prior to
the bankruptcy is still worth nothing, even though had I bought that
same stock after the bankruptcy, I'd now be sitting pretty. How can
our laws justify leaving former shareholders holding an empty bag
when the same company re-emerges after bankruptcy and now has this
huge capitalization. That's so wrong, and before I go off on this
bandwagon, I just wanted to confirm that, yes, I do have it right.
Thanks.
K-DOG as i call them
really sandbagged the old shareholders and their creditors. For
instance if you supplied K-DOG with lets say shirts they were only
paying them pennies on the dollar. After the creditors then you have
bond holders, prefer shareholder and then the common stockholders.
The government protects these crooks but maybe after this latest
buyout enough former investors like yourself can get a civil lawsuit
going.
------------------------------------------
From: scarletluvslave Wednesday, November
17, 2004 12:02 PM
i had walmart 401k-how do i get my
money
I would first
open a 401k account with a brokerage account and then notify
Wal-Mart to "roll it over" into the new account. If you
request Wal-Mart to just send you a check there will be taxes taken
out, up to 20% unless you are retiring.
----------------------------------
From:
collegegirljunior20 Monday, November 15, 2004
05:21 PM
When did Bethlehem steel stocks
become worthless?
Bethlehem Steel
went bankrupt late 2003 and was bought out by Ross's International
Steel group.
You
can have your accountant write it off on your taxes.
-------------------------------------------------------
From: richardwiese Sunday, November
14, 2004
08:19 AM
Before I try to take Kmart off on
my taxes I have a quick
If memorie serves me right there was something about if kmart shows
a profit within two years of common stock being lost Kmart will have
to give those profits back to the original stock holders that lost
their money? Is
this correct or am I getting confused with something else
I'll be honest i have not
heard of that one. Consult your broker and someone from the legal
department could verify if its true.
--------------------------------------------------------
From: akajunem Monday, |