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S&P 500
5,477.90
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US TECH 100
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-0.24%
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pos_stock_hoarder

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Re: StevenRisk post# 777

Saturday, 12/26/2009 10:59:03 AM

Saturday, December 26, 2009 10:59:03 AM

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Depending on Monday's reaction, I might have to temporarily "dump" something else to get more shares as I'm in the same boat as you.

We all make mistakes, but the people who came up with this accounting rule must have been hitting the scotch pretty hard when they wrote it. Bottom line: they are punishing companies whose share price goes up and rewarding those who drive the price down!

Hopefully, as we move towards international accounting standards, this issue will be corrected.
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