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StockCentral :: Community
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Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
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Doug Gerlach
Cambridge, MA
http://www.iclub.com/
President, ICLUBcentral
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| 09/10/2008 2:25 PM |
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Fastenal will join the S&P 500 after U.S. markets close on Sept. 12, one of the two replacements for Fannie Mae & Freddie Mac, which are being dropped.
Here's the story on Bloomberg.com:
http://www.bloomberg.com/apps/news?pid=20601103&sid=abSHUiBFprac&refer=us
One of my clubs owns it, and there's a feeling that it's slightly overvalued right now. However, it's usually the case that when a stock is added to the S&P 500 it gains support for its price through the increased demand for shares from S&P 500 index funds and ETFs which will be forced to take big positions in the stock.
Doug |
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Posting from ICLUBcentral world headquarters in the Harvard Square's historic College House, Cambridge, MA
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Adolf Vogt
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| 10/22/2008 5:00 PM |
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Doug:
after downloading the SSG data, I noticed that insider ownership on the SSG appears as 1290% while in Morningstar it is 12.9%. The %Institution is correctly entered in the SSG.
Adolf Vogt |
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