Saturday, February 22, 2014

Nevada Company Average Stock Prices Up 658% Under Obama, Reid and the US Fed, After Being Down 62% Due to Financial Meltdown

I found 20 Nevada 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 21, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 20 Nevada Companies had their equally-company-weighted average stock market prices decline by a massive 62% 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 20 Nevada Companies have increased by a spectacular 658% through February 21, 2014.

The standout performer here was Las Vegas Sands, whose stock market price has increased nearly 45 times since March 6, 2009.  There were 4 Nevada Companies whose stock market price increased by more than 12 times since March 6, 2009......3 of the 4 were Gaming Resort Companies.

To illustrate the operating consistency of these 20 Nevada Companies, 19 of them had stock market price increases since March 6, 2009.

Nevada citizens must be just elated with the outstanding performance of these Nevada Companies during the Obama Administration.

Below here are the stock market prices of these 20 Nevada Companies on February 21, 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
Nevada Company HQs
2-21-14 3-6-09 12-31-07 2-21-14 3-6-09








Las Vegas Sands Las Vegas NV      80.89        1.77     103.05 4470% -98%
VirnetX Holding Zephyr Cove NV      19.36        1.15        5.88 1583% -80%
Wynn Resorts Las Vegas NV     228.35      15.40     112.13 1383% -86%
MGM Resorts Las Vegas NV      27.05        1.99      84.02 1259% -98%
American Pacific Corp Las Vegas NV      46.41        4.59      17.05 910% -73%
AMERCO Reno NV     227.15      23.48      65.68 867% -64%
Spectrum Pharmaceuticals Henderson NV        8.64        1.43        2.72 504% -47%
Bally Technologies Las Vegas NV      67.98      13.47      49.72 405% -73%
Monarch Casino & Resort Reno NV      18.48        3.80      24.08 386% -84%
Pinnacle Entertainment Las Vegas NV      22.83        5.40      23.56 323% -77%
Boyd Gaming Las Vegas NV      10.79        3.10      34.07 248% -91%
Allegiant Travel Las Vegas NV      96.38      33.44      32.14 188% 4%
Global Cash Access Holdings Las Vegas NV        8.23        2.93        6.06 181% -52%
Employers Holdings Reno NV      19.82        8.71      16.71 128% -48%
Unwired Planet Reno NV        1.53        0.76        2.60 103% -71%
International Game Technology Las Vegas NV      14.70        7.47      43.93 97% -83%
Paramount Gold & Silver Corp Winnemucca NV        1.40        0.76        2.05 84% -63%
PDL BioPharma Incline Village NV        8.68        6.27      12.46 38% -50%
Allied Nevada Reno NV        5.57        4.16        6.22 34% -33%
Comstock Mining Inc Virginia City NV        2.01        2.90        2.30 -31% 26%








Average % Change all 20




658% -62%