RE:RE:Some hopes this stock my split in the near future. Every single stock you mentioned has split, most of them multiple times. Geeesh, where do these people come from.
Apple for instance
7-for-1 June 9, 2014 2-for-1 Feb. 28, 2005 2-for-1 June 21, 2000 2-for-1 June 16, 1987
boneafide1 wrote: Much hope lurks in the minds of some people about a stock split as if it were something substantive or beneficial. There was a time many years ago when such a sentiment had some validity, perhaps when the DOW was at 5,000 and you could buy a good quantity of shares for a thousand or two thousand dollars. With the advent of high valuations of giant companies, high stock price no onger presents any impediment to buying that is now so highly lopsided in favour of funds and institutions who have billions - witness Seaboard, Apple, Amazon, Google, Netflix...and the granddaddy Berkshire. What seems like a stratospheric stock price to some obviously does not present any problem to these companies. So I say, let the SP of WEED or any other company rise to whereever it wants to and let the company focus on enhancing that value instead of frittering away resources on meaningless activities like splits.