Tuesday, February 25, 2014

Delaware Company Average Stock Prices Up 819% Under Obama, Biden, Coons, Carper and the US Fed, After Being Down 63% Due to Financial Meltdown

I found 6 Delaware 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 the most recent date February 24, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 6 Delaware Companies had their equally-company-weighted average stock market prices decline by a massive 63% 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 6 Delaware Companies have increased by a spectacular 819% through February 24, 2014, driven by biotechnology company Incyte's stock market price increasing by a massive 30 times since March 6, 2009.

On the downside, the second company on this stock market price appreciation list is Sallie Mae, which has frankly ripped off former college students for many years, further expanding the huge economic gap between the wealthy and everyone else.  The fact that the US Congress permits this company to operate in such an excessively greedy manner just illustrates why it has such an incredibly low approval rating.  And the fact that deeply-in-debt former college students can only deduct for US federal income tax purposes $2,500 per year of interest they have paid to blood-sucking firms like Sallie Mae, while all wealthy people and large corporations receive so many massive tax loopholes, just adds kindling to the fire that rages inside so many former college students, their parents and their grandparents in their wholescale dislike of the US Congress.

Delaware citizens should be very pleased with the outstanding performance of nearly all of their Delaware Companies during the Obama Administration.

Below here are the stock market prices of these 6 Delaware Companies on February 24, 2014, on March 6, 2009, and on December 31, 2007:






Market Market






Price Price






% %






Change Change



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



Price Price Price to to
Delaware Company HQs
2-24-14 3-6-09 12-31-07 2-24-14 3-6-09








Incyte Wilmington DE       67.03         2.14       10.05 3032% -79%
SLM (Sallie Mae) Newark DE       23.96         3.28       20.14 630% -84%
The Bancorp Wilmington DE       19.27         2.68       13.46 618% -80%
WSFS Financial Wilmington DE       71.23       17.34       50.20 311% -65%
DuPont Wilmington DE       64.58       16.87       44.09 283% -62%
InterDigital Wilmington DE       30.27       21.33       23.33 42% -9%








Average % Change all 6




819% -63%