RE:RE:RE:X 2GolongGekko wrote: Are you serious? You woke up with twice as many shares but at 1/2 the previous price. What is so great about that?
GG - I'll tell you what's so GREAT about that.
More Retail will buy at the lower price, moving the SP UP over time.
Do some DD on Stock splits of Magna for one.
Best GOLONG with a Telus split and PROFIT over time.
What the hell are you talking about? A board lot today is $5350, not expensive even for retail. If it was over $100++ then I can see retail potentially not buying it. I've done enough due dilligence on stock splits and can tell you most of the time the stock dies on the vine and does nothing for years. You're the one who need to do due dilligence stock splits are totally passe. Your Magna is a perfect example, split in 2015 it is the same price today. According to you no one is buying the Canadian Banks? All trade above $75/share. Flush your theory down the toilet, it is indeed THAT stupid.