Friday, February 21, 2014

South Dakota Company Average Stock Prices Up 310% Under Obama, Tim Johnson and the US Fed, After Being Down 70% Due to Financial Meltdown

I found 3 South Dakota 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 20, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 3 South Dakota Headquartered Companies had their equally-company-weighted average stock market prices decline by a massive 70% 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 3 South Dakota Headquartered Companies have increased by a robust 310% through February 20, 2014, with all 3 more than doubling in stock market price.

Retiring US Senator Tim Johnson has followed in Tom Daschle's footsteps and done wonders for South Dakota businesses of all sizes.

South Dakota citizens should be very pleased with the excellent performance of these South Dakota Companies during the Obama Administration.

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








Meta Financial Group Sioux Falls SD      41.14        7.44      41.17 453% -82%
Raven Industries Sioux Falls SD      36.84        8.22      19.20 348% -57%
Daktronics Brookings SD      14.38        6.26      22.57 130% -72%








Average % Change all 3




310% -70%