I only glanced over the article and all the firms I saw mentioned were brokerage houses. The brokers did exactly what they get paid to do, buy and sell, and get paid on both ends of the transaction. For every sale they broker there is buyer somewhere. Therefore the brokers were very successful and made a lot of money and deserve their bonuses. The price of a stock or security is a market value established by the brokers and has little to do with the real value of anything. An example is real estate. The little house I purchased seven years ago has, according to the county assessor, doubled in market value. It keeps me no warmer in winter, cooler in summer, or dryer when it rains than it did the day I bought it. Remember what’s been said on this forum many times? I paraphase. “The commodities market and all their ‘signs’ of change control the price of crude and therefore the price of gas and oil products.”
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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