The Ticker
Invented the first Universal Stock Ticker Machine
Thomas Edison
a purchase of less than 100 shares
Odd Lot
If you put a _____________ ____________ to buy a stock only for a specific price, your broker will not make a purchase for any higher price than the specified price
limit order
A corporation changes the number of outstanding shares while at the same time adjusts the price per share so that the market cap remains the same is called...
stock split
Profit split among shareholders
Dividend
How would you write this ticker...12,200 shares of GE were traded at $73.72 per share which is down $0.55 from the previous closing price
GE 12K@73.72(down arrow)0.55
Grouping of all the stocks a person currently owns
Portfolio
These type of brokers charge lower fees and cannot give you advise
Discount Brokers
The number of outstanding shares is reduced and the market price per share is increased is what type of stock split
reverse stock split
Stocks that are bought for the reason of buying low and selling high
Growth Stocks
a trade that is higher than the previous trade
uptick
If you sell a stock for less money than you paid for it, you have a ...
Gross Capital Loss
If you buy or sell ______ ______ __________, you are instructing your broker to get the best available price
At The Market
These stocks have a value less than $5
penny stocks
Stocks that pay income are called...
income stocks
Express 0.15M shares traded using the K symbol
150K
Kevin bought 125 shares of stock for $68.24 per share. He sold them nine months later for $85.89 per share. What was his capital gain?
$2206.25
Garret made two trades in one day with his discount broker that charges $7 per trade. Garret's first purchase was for $1790 and his second purchase was for $8456. How much did he spend including broker fees?
$10,260
QualComm Inc. instituted a 4-for-1 split in November. After the split, Elena owned 12,800 shares. How many shares had she owned before the split?
3200
Barnes and Noble had a $1.00 annual dividend during 2008. If you owned 500 shares of Barnes and Noble, how much did you receive on a quarterly dividend check?
$125
Toni purchased 15,000 shares of stock of Target Corporation at $54.88 per share. Her traded appeared on the stock ticker as TGT 15K@54.88(down arrow)0.17. What was the total value of her trade?
15,000 x 54.88 = $823,200
Allison bought shares in Citigroup Corporation in early 2007 for $55 per share. She sold them later that year for $35 per share. Express her loss as a percent of the purchase price. Round to the nearest percent.
36%
Erin purchased $23,510 worth of stock and paid her broker a 1% broker fee. She sold when the stock price increased to $27,300, and used a discount broker who charged $21 per trade. Compute her net proceeds.
$3533.90
In October, Johnson Controls, Inc instituted a 3-for-1 split. After the split, the price of one share was $39.24. What was the pre-split price per share?
$117.72
The Walt Disney Company paid a $0.35 annual dividend on a day it closed at a price of $33.86 per share. What was the annual dividend for 500 shares?
$175