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The Water Cooler
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Invidia 10/1 stock split
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<blockquote data-quote="Shadowrider" data-source="post: 4272234" data-attributes="member: 3099"><p>I don't pay any attention to splits for the short term or anticipate any real gains.</p><p></p><p>It just means:</p><p></p><p>$1000 stock price per share = $100 stock price per share, but you now own 10 shares instead of 1.</p><p></p><p>It really doesn't do anything to valuation, it just makes the stock price more affordable to an average joe. ETA: Or keeps it out of penny stock and delisting territory if it's a reverse split. If this happens it means you should have already dumped it post haste.</p><p></p><p>It can mean things over the long haul. Look at Apple. I don't even know what a share of Apple stock would cost now if they hadn't done all the splits they have over their history. Somebody more up to speed on their history might could, but I'd guess a single share might be over $100k? <img src="/images/smilies/anyone.gif" class="smilie" loading="lazy" alt=":anyone:" title="Anyone :anyone:" data-shortname=":anyone:" /></p><p></p><p>Anyway, Apple has done three 2-1 splits, a 7-1 and the last was a 4-1.</p></blockquote><p></p>
[QUOTE="Shadowrider, post: 4272234, member: 3099"] I don't pay any attention to splits for the short term or anticipate any real gains. It just means: $1000 stock price per share = $100 stock price per share, but you now own 10 shares instead of 1. It really doesn't do anything to valuation, it just makes the stock price more affordable to an average joe. ETA: Or keeps it out of penny stock and delisting territory if it's a reverse split. If this happens it means you should have already dumped it post haste. It can mean things over the long haul. Look at Apple. I don't even know what a share of Apple stock would cost now if they hadn't done all the splits they have over their history. Somebody more up to speed on their history might could, but I'd guess a single share might be over $100k? :anyone: Anyway, Apple has done three 2-1 splits, a 7-1 and the last was a 4-1. [/QUOTE]
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Invidia 10/1 stock split
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