Saturday, October 25, 2014

Montana Company Stock Market Prices Up 364% Since March 6, 2009.....Montana State Unemployment Rate Drops to Only 4.6% in September 2014

Since there is an important upcoming Montana US Senate Race, I think it would be helpful to update how Montana 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.

During this five years and eight months period of time from March 6, 2009 through October 24, 2014, both Montana Senators were Democrats.

I found 3 Montana Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total Stock Market Capitalizations of more than $100 mil each 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 October 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 3 Montana Companies had their average equal-company-weighted 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 eight months since March 6, 2009 through October 24, 2014, the average stock market prices of these same 3 Montana Companies have increased by an impressive 364%.   

Below here are the stock market prices of each of these 3 Montana Companies on October 24, 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
10-24-14 3-6-09 10-24-14 8-18-14 3-6-09 10-24-14



$s $s $s











Eagle Bancorp Helena MT      33.73        4.91      10.00 587% -51% 237%
Stillwater Mining Billings MT      13.82        2.81        9.66 392% -71% 43%
Glacier Bancorp Kalispell MT      26.09      12.21      18.74 114% -35% 39%









Average % Change all 3 Montana Companies



364% -52% 107%







Details to come.