Captain Packrat (captpackrat) wrote,
Captain Packrat
captpackrat

  • Mood:

Crashy

January 12, 2007, Bear Stearns stock hit $171.66 a share, making the company worth over $20 Billion.

March 13, 2008, Bear Stearns closed at $57.00, making the company worth $6.7 Billion.

March 14, 2008, Bear Stearns closed at $30, making the company worth $3.5 Billion.

March 16, 2008, Bear Stearns was purchased by J.P. Morgan Chase for $2 a share.  Total price is $236 Million.

In just a few days, $6.5 billion just vanished into thin air.
Tags: stocks
Subscribe

  • Why are the easy parts always the hardest?

    While the new house was wired for satellite, the old house wasn't. Instead, the former occupants had put up a small VHF antenna and wired it into the…

  • How to charge your HTC EVO

    (These instructions also apply to the Droid X and probably several other phones) 1. Insert the USB plug into the jack on the bottom of the phone.…

  • Lusty Lynx

    I spent about 10 hours last night upgrading my netbook to the latest version of Ubuntu, Lusty Lucid Lynx. The download for the…

  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 0 comments