SWIM worth 8.71 a share? Free money at this point $$$???
The proposed acquisition gives shareholders of thinkorswim 0.3980 of a Ameritrade share plus $3.34 in cash for each of their shares. This values thinkorswim at $8.71 per share, a 54 percent premium over Wednesday's closing price of $5.65.
DOW performance for their entire tenture, ranked from best to worse:
Clinton ... +226.3%
Roosevelt ... +194.4%
Reagan ... +135.1%
Eisenhower . +120.3%
Truman ... + 81.7%
G. Bush ... + 45.0%
Johnson ... + 30.9%
Ford ... + 23.4%
Kennedy ... + 12.2%
Carter ... - 0.9%
Nixon ... - 16.5%
GW Bush ... - 21.8%
Hoover ... - 82.8%
Next, it might also be interesting to rate each of these thirteen presidents by the median yearly gain/loss, since their terms were quite varied:
Clinton ... + 28.3%
Reagan ... + 16.9%
Roosevelt ... + 16.2%
Eisenhower . + 15.4%
G. Bush ... + 11.3%
Truman ... + 10.5%
Ford ... + 9.7%
Johnson ... + 6.0%
Kennedy ... + 4.3%
Carter ... - 0.2%
GW Bush ... - 2.7%
Nixon ... - 3.0%
Hoover ... - 20.7%
Well, GW definitely distinguished himself in comparison to the other twelve presidents during the past 80 years. No need for him to be concerned about how he will be viewed in the future, and his legacy. The numbers speak for themselves.