No. of Recommendations: 3
Market cap $1.0118 trillion, calculated separately as A-count times A-price plus B-count times B-price, using midpoint of bid/ask for each share class.
But as I calculated that, I noticed that the A:B ratio is under 1500 at 1499.9 using the midpoints, which is pretty unusual, especially lately. Something like 1520-1525 was typical last summer.
So perhaps it looks like some part of the recent exuberance is concentrated among the "B" crowd. No offence to anybody, but that's traditionally the weaker and dumber hands.
Jim
No. of Recommendations: 6
I converted my As to all Bs like very many other fellow long time A holders. I’ll conceed my memory is a little weaker —but hands don’t feel dumber or weaker. Next time I do Physical Therapy, I’ll get checked out though.
My split finger fastball clocks 47 on the radar gun if thats consistent with your analysis :)