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01-31-2020, 09:42 PM | #3376 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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That's the only benefit.
Doesn't mean it makes the stock more valuable like so many seem to think. He's saying he'd be all over an Amazon stock split, and if that's true, just buy shares now. 1 at the current price vs 2 at a split is the same value if you're limited on funds. |
Posts: 46,112
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01-31-2020, 10:10 PM | #3377 | |
MVP
Join Date: Jan 2007
Location: Missouri
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Quote:
Even if these affects wear off over time, it can definitely increase the value on short term trades. No split, no hype bounce. The assumed bounce my be what moves it from "Meh" to "Lets give it a shot" for people who try to play the rest of the field's emotional responses. |
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Posts: 8,670
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02-01-2020, 12:17 AM | #3378 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Plus all the stuff ghak posted. There is a lot of nuance that gets traded in the marketplace. |
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Posts: 57,834
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02-01-2020, 06:28 AM | #3379 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
The value of the stock is the same whether amazon is $2k or $1k is a share. You’d be in better shape to buy in before a split if you believe in the company. Thank you. |
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Posts: 46,112
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02-01-2020, 08:08 AM | #3380 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
You’re saying that a guy shouldn’t buy a share on a stock split because INTERNALLY the valuation shouldn’t change. But not all trades are made that way. There can be a substantial bounce IN THE MARKETPLACE after a split. RunKC didn’t specify his strategy here. He could very well buy on the announcement, ride it awhile and get back out, capturing the hype wave. That isn’t necessarily a bad strategy. Or RunKC could be using news of a stock split as validation for recent gains that they aren’t just a run to stability on this coronavirus thing. Logic would dictate that if it was an unexpected bounce or unsubstantiated within the business, they wouldn’t split. Which wouldn’t necessarily be a bad strategy. Or He could be just looking for a lower cost into a share. Which wouldn’t necessarily be a bad strategy. I agree with you in principle if you’re looking at a buy and hold strategy. But there are some things that RunKC could be looking at that could be sound strategies also. He just didn’t specify. You can both be right. |
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Posts: 57,834
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02-01-2020, 10:23 AM | #3381 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
/Won |
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Posts: 46,112
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02-03-2020, 04:23 PM | #3382 |
Veteran
Join Date: Aug 2015
Location: Oak Harbor, WA
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To temper the feeling that I just blew through way too big a percentage of my paycheck on SB LIV gear, I'm throwing an equal amount of money into my IRA.
Thanks for coming to my Ted Talk. |
Posts: 2,632
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02-04-2020, 01:16 PM | #3383 |
The Seated Villain
Join Date: Apr 2007
Location: Seattle
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Posts: 10,709
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02-04-2020, 02:03 PM | #3384 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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Posts: 142,964
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02-04-2020, 07:30 PM | #3385 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
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Tesla stock is on fire. It closed today at $887.06/share.
And in after hours trading, it's over $900. |
Posts: 23,074
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02-04-2020, 07:44 PM | #3386 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,635
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02-06-2020, 10:23 AM | #3387 |
I'll be back.
Join Date: Nov 2002
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IQ up another 5% today
WE GOING NUKULAR |
Posts: 287,306
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02-06-2020, 10:25 AM | #3388 |
Stroking to the SB Champs!
Join Date: Aug 2000
Location: Flatlands of Kansas
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This has been a magical week in the markets. So much winning.....
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Posts: 40,016
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02-07-2020, 08:49 AM | #3389 |
MVP
Join Date: Dec 2008
Location: Joplin, MO
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I finally dumped IQ and bought a bunch of PG&E. I should recoup my losses in about a month. Look at PG&E’s chart.
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Posts: 7,274
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02-07-2020, 08:55 AM | #3390 |
I'll be back.
Join Date: Nov 2002
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Bad move.
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Posts: 287,306
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