Friday, January 15, 2016

Shares Outstanding

You can use Mergent to look up shares outstanding for a company.

1. Enter your company
2. Select the Company Financials Tab
3. And change to income statement, then scroll down

Tuesday, January 12, 2016

Bowie Bonds


David Bowie pioneered the use of intellectual property and royalties as a security.

From the article linked above:
"...Investment bankers helped Bowie raise $55 million by selling royalties from songs and 25 albums, such as "The Rise and Fall of Ziggy Stardust and the Spiders From Mars." It's a way for the 50-year-old Bowie to raise money upfront and then pay off the bonds with royalties from his music as they come in.

The bonds, which have an average life of 10 years, were priced in February to pay investors 7.9% interest. The benchmark 30-year U.S. Treasury bond on Monday was yielding 6.90%. Prudential Insurance Co. of America, the nation's largest insurance carrier, bought the entire issue."

Wednesday, January 6, 2016

Pink Sheet and Over the Counter (OTC) Stocks

Not every stock is traded on the New York Stock Exchange or NASDAQ.

Historically printed on pink paper, these smaller stocks are called pink sheet stocks or Over the Counter Stocks. Another phrase you'll hear is penny stocks.

These smaller companies and certain foreign companies are traded on this exchange. The stocks are usually highly volatile startups that are either the next big thing or scams designed to part you from your money.

Be careful because these stocks are very volatile.

They do not have to undergo the same vetting process as regular SEC registered stocks, although some do register with the SEC.

SEC page with Pink Sheet Information

Homepage for OTC Markets