$Artisan Partners Asset Management (APAM.US)$ I bought this in the low 40s after a avoiding it for years do to thinking it will crash with a market crash. I no longer care . It will come back and the div is a great cushion. Rare is the company with virtually no debt and great ROIC and I locked in a 9% dividend. I will add more on big dips and some on small ones. This company manages their clients differently and is worldwide. I think they have a sticky customer base. I will add more when I can lo...
Did the SQQQ ETF Really Gain 400%
A 1-for-5 reverse stock split is to blame for the SQQQ ETF’s seemingly high returns. In addition, the stock split became “effective prior to market open on January 13, 2022,” or this morning. This signifies that if an investor held five shares of SQQQ at yesterday’s close, the investor now owns one share as of this morning. Consequently, the price of the SQQQ ETF increased by five times.
However, the reverse stock split has no effect on SQQQ’s market capitaliz...
A 1-for-5 reverse stock split is to blame for the SQQQ ETF’s seemingly high returns. In addition, the stock split became “effective prior to market open on January 13, 2022,” or this morning. This signifies that if an investor held five shares of SQQQ at yesterday’s close, the investor now owns one share as of this morning. Consequently, the price of the SQQQ ETF increased by five times.
However, the reverse stock split has no effect on SQQQ’s market capitaliz...
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