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01-31-2020, 06:28 AM | #3376 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
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Amazon is up about 10% pre-market thanks to a great 4th quarter earnings report.
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Posts: 23,025
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01-31-2020, 07:53 AM | #3377 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,710
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01-31-2020, 08:05 AM | #3378 |
Andy Reid Supporter
Join Date: Apr 2012
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Hoping Amazon does a stock split. I’d be all over that shit
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Posts: 47,733
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01-31-2020, 10:17 AM | #3379 |
Seeking the Truth daily
Join Date: Jan 2006
Location: In the Country in MO
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Gotta love the market over reactions and kneejerks. Good money made everytime this crap happens
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Posts: 53,793
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01-31-2020, 10:31 AM | #3380 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,670
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01-31-2020, 10:41 AM | #3381 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Quote:
I got shares of stock back in early Dec when I got a promotion and went full time and I'm up $200 a share already. I'm hoping to have 100-200 shares by 2026 when I retire. I'm hoping they are worth $5,000/ share or more at today's value. |
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Posts: 52,112
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01-31-2020, 10:50 AM | #3382 | |
Seeking the Truth daily
Join Date: Jan 2006
Location: In the Country in MO
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Quote:
Airlines not flying to or from china...that hit airline stock, then OMG we have to gut fuel suppliers...OMG no one will go any****ingwhere |
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Posts: 53,793
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01-31-2020, 08:08 PM | #3383 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 46,069
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01-31-2020, 09:17 PM | #3384 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,710
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01-31-2020, 09:19 PM | #3385 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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STZ down over coronavirus fears
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Posts: 35,092
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01-31-2020, 09:42 PM | #3386 |
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: 46,069
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01-31-2020, 10:10 PM | #3387 | |
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: 8,643
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02-01-2020, 12:17 AM | #3388 | |
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: 57,710
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02-01-2020, 06:28 AM | #3389 | |
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: 46,069
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02-01-2020, 08:08 AM | #3390 | |
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: 57,710
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