| The KUIK Closing Market Report for Wednesday, November 21: | |||||||
| Markets ended up. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Up | 48 | points | 12,837 | 1:49 PM | ||
| S&P500 | Up | 0.2% | percent | 1,390 | 2.28 | points | |
| Nasdaq Composite | Up | 0.3% | percent | 2,926 | 9.78 | points | |
| 30 Year Treasury | Up | 2 | Basis Points | 2.83 | Annual Yield | ||
| Last week Medbox, which makes medical-marijuana dispensing machines got a mention on Marketwatch. It went from $4 to $215 in the space of two days giving the company giving the company a market capitalization of more than $2.25 billion. Company executives made a statement noting that the price was soaring more because of the stock’s small float than the company’s economics. The stock now trades at 55. Now we know what they mean by reefer madness. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/marijuana-dispenser-a-classic-penny-stock-story-2012-11-21 | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||