Ticket Charges at Wachovia/Wells
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Do they take the $10 off the gross number or net number? If you have a $200 trade that you discount to $180. Do you get $180 X 50% = 90 - 10 = $80 pay OR $180 - 10 = 170 X 50% = $85 pay?
Let me guess Kool-aid boy.
Stifel nation pays YOU extra just because…its STIFEL NATION
[quote=Shania Twain] Let me guess Kool-aid boy.
Stifel nation pays YOU extra just because…its STIFEL NATION[/quote]
Of course Stifel pays more, but that wasn’t the question.
What do you think snapperhead????? Are you one of those kids that asks the question he already knows the answer to?? GEEZ.Do they take the $10 off the gross number or net number? If you have a $200 trade that you discount to $180. Do you get $180 X 50% = 90 - 10 = $80 pay OR $180 - 10 = 170 X 50% = $85 pay?
What do you think snapperhead???[quote=Stifel Nation]Do they take the $10 off the gross number or net number? If you have a $200 trade that you discount to $180. Do you get $180 X 50% = 90 - 10 = $80 pay OR $180 - 10 = 170 X 50% = $85 pay?
Are you one of those kids that asks the question he already knows the answer to?? GEEZ.[/quote]
Wow. Snapperhead. I do not know the answer. I have heard several different versions. Ageman’s post is another new one. Wachovia managers say the $10 comes off the gross number and brokers say it comes off the net number. I even had one FA tell me they didn’t know anything about it. I am truly looking for clarity on this.
[quote=millionairemind]Stifel Nation when are you guys selling to ameriprise [/quote]
Funniest thing I heard all day…thanks for the chuckle
[quote=nestegg]
[quote=millionairemind]Stifel Nation when are you guys selling to ameriprise [/quote]Funniest thing I heard all day…thanks for the chuckle[/quote]
Here is article on ameripise interest in stifel
http://www.ameriprise%20and%20stiefel&hl=en&ie=UTF-8&tab=nw
[quote=Shania Twain] [quote=nestegg]
[quote=millionairemind]Stifel Nation when are you guys selling to ameriprise [/quote]Funniest thing I heard all day…thanks for the chuckle[/quote]
Here is article on ameripise interest in stifel
http://www.ameriprise%20and%20stiefel&hl=en&ie=UTF-8&tab=nw[/quote]
Pretty funny coming from someone desperate for their own company to be sold. Anyway, the employees own too much of the company. It won’t happen.
[quote=Stifel Nation]
Pretty funny coming from someone desperate for their own company to be sold. [/quote]
good call. You got me there, Kool-aid boy
[quote=Shania Twain] [quote=nestegg]
[quote=millionairemind]Stifel Nation when are you guys selling to ameriprise [/quote]Funniest thing I heard all day…thanks for the chuckle[/quote]
Here is article on ameripise interest in stifel
http://www.ameriprise%20and%20stiefel&hl=en&ie=UTF-8&tab=nw[/quote]
Link doesn’t work…kinda like Ameriprise…if anything SF could buy Ameriprise not likely the other way around.
tried the link, didn’t work. searched google, didn’t work. where did the mysterious article come from?
I am no fan of either, but Ameriprise dwarfs Stifel. 5+ times the market cap, 7+ times the revenue, 10+ times the cash on their balance sheet. Hell, Ameriprise's cash is over 3 1/2 times Stifel's Market Cap. Stifel couldn't dream of buying Ameriprise, and Ameriprise could buy Stifel without even noticing their wallet was lighter. Just my 2 cents, but feel free to continue your blind cheerleading. Don't let facts get in the way. I[quote=Shania Twain] [quote=nestegg]
[quote=millionairemind]Stifel Nation when are you guys selling to ameriprise [/quote]Funniest thing I heard all day…thanks for the chuckle[/quote]
Here is article on ameripise interest in stifel
http://www.ameriprise%20and%20stiefel&hl=en&ie=UTF-8&tab=nw[/quote]
Link doesn’t work…kinda like Ameriprise…if anything SF could buy Ameriprise not likely the other way around.
I have heard claims like this one here before (maybe from you). Is this some bologna that is spread at a company pep-rally, or is it true? I am having trouble finding it to be true, because over 76% of Stifel's shares are institutionally held. Only 8% are truly held by insiders. Sure, there are additional shares beyond that held by employees, but I very much doubt enough to prevent any acquisition. If I am wrong in this, please tell me why/how?[quote=Shania Twain] [quote=nestegg]
[quote=millionairemind]Stifel Nation when are you guys selling to ameriprise [/quote]Funniest thing I heard all day…thanks for the chuckle[/quote]
Here is article on ameripise interest in stifel
http://www.ameriprise%20and%20stiefel&hl=en&ie=UTF-8&tab=nw[/quote]
Pretty funny coming from someone desperate for their own company to be sold. Anyway, the employees own too much of the company. It won’t happen.
I am no fan of either, but Ameriprise dwarfs Stifel. 5+ times the market cap, 7+ times the revenue, 10+ times the cash on their balance sheet. Hell, Ameriprise's cash is over 3 1/2 times Stifel's Market Cap. Stifel couldn't dream of buying Ameriprise, and Ameriprise could buy Stifel without even noticing their wallet was lighter. Just my 2 cents, but feel free to continue your blind cheerleading. Don't let facts get in the way. I [/quote] Update - After today, Ameriprise's cash is only 3 times Stifel's Market Cap.[quote=nestegg] [quote=Shania Twain] [quote=nestegg]
[quote=millionairemind]Stifel Nation when are you guys selling to ameriprise [/quote]Funniest thing I heard all day…thanks for the chuckle[/quote]
Here is article on ameripise interest in stifel
http://www.ameriprise%20and%20stiefel&hl=en&ie=UTF-8&tab=nw[/quote]
Link doesn’t work…kinda like Ameriprise…if anything SF could buy Ameriprise not likely the other way around.
I have heard claims like this one here before (maybe from you). Is this some bologna that is spread at a company pep-rally, or is it true? I am having trouble finding it to be true, because over 76% of Stifel's shares are institutionally held. Only 8% are truly held by insiders. Sure, there are additional shares beyond that held by employees, but I very much doubt enough to prevent any acquisition. If I am wrong in this, please tell me why/how?[/quote][quote=Stifel Nation] [quote=Shania Twain] [quote=nestegg]
[quote=millionairemind]Stifel Nation when are you guys selling to ameriprise [/quote]Funniest thing I heard all day…thanks for the chuckle[/quote]
Here is article on ameripise interest in stifel
http://www.ameriprise%20and%20stiefel&hl=en&ie=UTF-8&tab=nw[/quote]
Pretty funny coming from someone desperate for their own company to be sold. Anyway, the employees own too much of the company. It won’t happen.
You realize insiders mean that one owns 5% or more of the stock or is in a management position etc...I own SF and work for the co but am not an insider...nor are the other 40+% of employees that own stock...
I forgot Ameriprise is the most sucessfully run brokerage on the planet ;) Where is their stock price? How many years of record profits? how much debt? Oh yeah....
AMP
-33 PE Ratio
-$83.0M EBITDA
33% Debt To Equity
Wow they are doing just dandy!
SF
27 PE (hey we have earnings what a novel idea)
+111MM EBITDA Look Mom a positive #
15% Debt to Equity
And the reason we would sell to a company that can't turn a profit or make up their mind if they are a discount broker, or just an insurance chop shop is why again?
Never happen…lol…there is no way the employees could stop it and AGE would never sell to Wachovia. That worked out great.
The manager at SF that calls me once a month to recruit uses that same line all the time…49 % ownwd by employees. So Stifel, is this just inaccurate info on Yahoo Finance ? I would like to know .
Major Holders Get Major Holders for:
BREAKDOWN
% of Shares Held by All Insider and 5% Owners: 8%
% of Shares Held by Institutional & Mutual Fund Owners: 76%
% of Float Held by Institutional & Mutual Fund Owners: 83%
Number of Institutions Holding Shares: 191
We recently issued 2.7MM shares which increased our float 10%. Naturally employee positions went down roughly the same. Only 16 employees represent the 8% ownership. There are 4000 other employees who make up the difference. Our 401k, ESOP and deferred is not custodied at Stifel for employee protection reasons. All the firms did that after Enron. So some of that Institutional percentage is employee ownership. It’s true, we don’t own 49% anymore due to the 2.7MM additional shares, but it’s still the high 30’s.