Monday, August 18, 2014

Montana Company Stock Market Prices Up 425% Since March 6, 2009

The Montana US Senate race is not now very close, but I think there is a chance it will be getting much closer in the future.  Thus, I think it would be helpful to research how Montana Headquartered Companies have done on the stock market price front since March 6, 2009, which was the very bottom point of the US Stock Market due to the spillover effects resulting from the disastrous 2008 financial meltdown.  And I also think it would be helpful to research how Montana has done on the employment front after the horrible effects of the 2008 US financial meltdown.

I found 3 Montana Headquartered Companies in Yahoo's or Google's superb Finance websites 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 August 15, 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 Montana Companies had their average stock market prices decline by a huge 52% 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 five years and five months since March 6, 2009 through August 15, 2014, when all three Montana US Senators holding office during this time frame were very effective Democrats.....Max Baucus, Jon Tester and John Walsh....., the average stock market prices of these same 3 Montana Companies have increased by a spectacular 425%.

Thus in the six years and seven months from December 31, 2007 before the 2008 financial meltdown to the most recent date August 15, 2014, the equally-company-weighted average stock market prices of these same 3 Montana Companies have increased by an exceptional 124%...... yeah, they have not just recouped the massive amount they lost with the disastrous 2008 financial meltdown, but also added another 124%.

Below here are the stock market prices of each of these 3 Montana Companies on August 15, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:







Market Market Market






Price Price Price






% % %






Change Change Change



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



Price Price Price to to to
Montana Company HQs
8-15-14 3-6-09 12-31-07 8-15-14 3-6-09 8-15-14



$s $s $s








BAUCUS







TESTER







WALSH

Eagle Bancorp Helena MT      33.81       4.91      10.00 589% -51% 238%
Stillwater Mining Billings MT      18.89       2.81       9.66 572% -71% 96%
Glacier Bancorp Kalispell MT      26.10      12.21      18.74 114% -35% 39%









Average % Change all 3




425% -52% 124%


In like manner on the employment front, from the US Bureau of Labor Statistics, Montana's State unemployment rate increased substantially, going from 3.7% in December 2007 to 6.5% in October 2009, which was the very lowest point for the US Labor Market due to the lagging spillover effects resulting from the disastrous 2008 Financial Meltdown.  But in the four years and eight months since then, when all three Democratic Montana US Senators were in office, the Montana State unemployment rate has declined from 6.5% in October 2009 to 4.5% in the most recently reported June 2014.

Montana Citizens must be very pleased with both the outstanding performance of all of their Montana Companies as well as the significant drop in the Montana Unemployment Rate, both occurring during the most recent roughly five years when all three Montana US Senators were Democrats serving very effectively for the interests of their Montana constituents.