Why does IB stock keep going down ?!!

K

Kicking

Whats going on with their stock ?
I still own 50 shares that I thought I would keep to monitor their health but frankly even at 50 shares I am pissed off at the loss.
Even MF is going up these days!

What is behind this continued grind lower ? And does IBKR have any edge in the space to become a good performing stock once market improves. This stock has been a dog ! Awful !
 
Uh, it tracks the real world.

MF is down 90%.

Ask Peterrfy what he thinks about the price, since he owns 90% of the co.
 
Quote from Kicking:

Whats going on with their stock ?
I still own 50 shares that I thought I would keep to monitor their health but frankly even at 50 shares I am pissed off at the loss.
Even MF is going up these days!

What is behind this continued grind lower ? And does IBKR have any edge in the space to become a good performing stock once market improves. This stock has been a dog ! Awful !
More...

50 shares? Geezus, if you bought it at $40 all you could lose is $2K. LOL.

That said, you do know it's a bear market, right?

OldTrader
 
I am not so concerned about the dollar amount I may lose on the stock, I kept some shares so I wouldn't lose sight of their stock performance. Obviously I am concerned about the health of their business. That said, if I were one of their fans who put part of their portfolio in the stock I would be furious by now.
 
go to there internet page and look at the earnings...:D :D :D
pretty good in my opinion

share value doesnt tell anything about the company, shares are casino papers
 
IBKR performance 2009
Approx Hi 20 and now 13
Loss 35%

JPM
Approx hi 32 and now 16
Loss 50%

Dow
Approx hi 9000 and now 6600
Loss 27%

Financial's are not exactly the darling of the market of even a safe refuge at the moment, so what do you expect IB's shares to do?

Buck the trend?

Why?

Coz you bought some? :)
 
Quote from Kicking:

I am not so concerned about the dollar amount I may lose on the stock, I kept some shares so I wouldn't lose sight of their stock performance. Obviously I am concerned about the health of their business. That said, if I were one of their fans who put part of their portfolio in the stock I would be furious by now.
More...

I think you put the low in with your post.

OldTrader
 
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