Thursday, February 27, 2014

Alaska Company Average Stock Prices Up 348% Under Obama, Begich, Murkowski and the US Fed, After Being Down 55% Due to Financial Meltdown

I found 3 Alaska Headquartered Companies in Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil and which also had their common stocks trading on each of the following three dates:
  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on today February 27, 2014
I also included below Alaska Air Group, which is headquartered in Seattle, since it has very substantial operations in Alaska.  That makes 4 Alaska Companies.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 4 Alaska Companies had their equally-company-weighted average stock market prices decline by a massive 55% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the slightly less than five years since March 6, 2009, the equally-company-weighted average stock market prices of these same 4 Alaska Companies have increased by a very robust 348% through today February 27, 2014, led by Alaska Air Group.

The State of Alaska is blessed to have two equally exceptional US Senators.....Democrat Mark Begich and Republican Lisa Murkowski.  I would stack them up against any other pair of US Senators from the same State.  They both work exhaustively hard and very effectively for all of their Alaska businesses and citizens.  And they both are very likable and also very willing  to work across the aisle, and frequently do so.....something very rare in the present US Congress.

Alaska citizens should be very pleased with the strong performance of their Alaska Companies during the Obama Administration.

Below here are the stock market prices of these 4 Alaska Companies on February 27, 2014, on March 6, 2009, and on December 31, 2007, along with the related % Changes for these two periods of time:







Market Market






Price Price






% %






Change Change



Market Market Market 3-6-09 12-31-07



Price Price Price to to
Alaska Company HQs
2-27-14 3-6-09 12-31-07 2-27-14 3-6-09








Alaska Air Group Seattle WA       86.30         7.54       12.50 1045% -40%
Northrim Bancorp Anchorage AK       24.75         6.90       21.32 259% -68%
General Communication Anchorage AK       10.39         4.11         8.75 153% -53%
Alaska Communications Anchorage AK         2.16         5.79       15.00 -63% -61%








Average % Change all 4




348% -55%