Word: theakston
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Among the 250 interested shareholders at the annual meeting of land-selling General Development Corp. in Miami last week was Peter Theakston, 13, who had banked enough from his newspaper route to buy four shares last January at 38⅜. Like other shareholders, Peter was concerned by the stock's gyrations (TIME, March 30)-selling as high as 77½ in mid-March, down a fortnight later to 45⅛. Nobody had the courage to ask management for an explanation, until Peter spoke up: "Why did General Development stock rise so fast and then drop so fast?" President Frank...
| 1 |