Wednesday, February 19, 2014

West Virginia Company Average Stock Prices Up 163% Under Obama, Rockefeller, Manchin and the US Fed, After Down 46% Due to Financial Meltdown

I found 6 West Virginia Headquartered Companies in Yahoo's superb Finance website or from SEC filings 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 19, 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 West Virginia Companies had their average stock market prices decline by a huge 46% 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 average stock market prices of these same 6 West Virginia Companies have increased by a robust 163% through February 19, 2014, led by MTR Gaming Group's huge 485% stock price appreciation.

West Virginia citizens must be very pleased with their two excellent US Senators.....Jay Rockefeller and Joe Manchin.....for helping nearly all of these 6 companies thrive economically during the Obama Administration.

Below here are the stock market prices of these 6 West Virginia Companies on February 19, 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
West Virginia Company HQs
2-19-14 3-6-09 12-31-07 2-19-14 3-6-09








MTR Gaming Group Chester WV        5.21        0.89        6.79 485% -87%
Premier Financial Bancorp Huntington WV      14.04        4.88      12.78 188% -62%
United Bankshares Charleston WV      28.57      13.79      28.02 107% -51%
WesBanco Wheeling WV      26.94      13.99      20.60 93% -32%
City Holding Charleston WV      42.15      21.95      33.84 92% -35%
American Public Education Charles Town WV      42.64      37.19      41.78 15% -11%








Average % Change all 6




163% -46%