Adjusted Stock Prices Vs. Unadjusted Prices (3)

Historical Stock PricesIs there a way to automatically download historical prices of stocks from yahoo finance or google finance (csv format)? Usually, stock promoters promote penny stocks because of the difficulty in finding information on these companies as they are normally listed on the OTCBB or OTC Markets, which do not require that companies provide as much financial information as other exchanges, such as the NASDAQ or NYSE. Some companies on the OTCBB and pink sheets” are good quality, and many are working particularly hard to make their way onto the more reputable NASDAQ and NYSE. A perfectly competitive free market is one in which no buyer or seller has the power to significantly affect the prices at which goods are being exchanged.

Consumers have no freedom of choice” because price fixing keeps prices level, and therefore, social utility” in the marketplace will decline. In a perfectly competitive market, prices and quantities always move toward what is called the equilibrium point: The point at which the amount of goods buyers want to buy exactly equals the amount of goods sellers want to sell. If the perfectly competitive market produces or supplies too much, then, production will create surplus levels, and prices will fall.

When prices fall, production will decrease and producers will get out of the market, finding other more lucrative markets to invest in. With fewer producers, in time, equilibrium prices and amounts will be reached. Then, if prices drop below the equilibrium point, producers will begin to lose money, so they will begin to supply less than consumers want at that price. Shortages will cause buyers to bid up the price, prices will rise, and more producers will be attracted to the market. In addition, they can cause artificial” shortages in order to raise prices and profits. Price Discrimination – Charging different prices to different buyers for identical goods or services.

They have no incentive/motivation to reduce production costs, no competing firms, no need for a competitive edge.” They can manipulate prices and force some buyers to pay a higher price for the same goods, or they can make it so that if you want to purchase product A, then must also purchase product B. An Oligopoly is created when the market is dominated by a small number of participants collectively controlling supply and market prices.

Price fixing – Agreeing to set prices at certain levels, usually artificially high; manipulation of supply-agreeing to limit production creating shortages so that prices rise to levels higher than those would result from free competition. Retail Price Maintenance Agreements -When a manufacturer sells to retailers only on condition that they agree to charge the same set retail prices for its good. Chart 1 depicts all economic downturns as listed by the National Bureau of Economic Research (NBER).

Historical Stock PricesHistorical Stock Prices