I decided to make a quick check of my ROTH IRA accounts for an end of the month checkup, and at first I didn't notice it because it was sooooo far off, it just didn't register. Finally I noticed my account was a few thousand off what it should be. One stock I owned had dropped dramatically (say 40%!) in one day, and I had no idea what happened. (BTW, it is MRO) At first I thought it was a glitch, but I quickly saw it wasn't. After some research I found out they spun off part of the business and I should be getting some stock of the new company. So far my account isn't showing the new stock, so I added in what I should get for the new company, and my overall account went up slightly.
Man, I just don't need shocks to my system like that.
I had a shock looking at my Roth acct. tonight
July 2nd, 2011 at 03:46 am
July 2nd, 2011 at 04:41 am 1309578094
In addition to sometimes collecting business news releases, I figure out where the company is based and scan the business news in the company's local market. The surprise stock split tells me that this tip doesn't always work.
July 2nd, 2011 at 04:55 am 1309578940
July 2nd, 2011 at 02:55 pm 1309614956