RE:RE:RE:RE:RE:RE:BPY Returns - 2021Vette08 wrote: Hi Chungas,
I could care a less if BEP split twice last year.
Firstly, splits mean absolutely nothing to the intrinsic value of any company. Not sure why they excite you so much. You should run your own company some day to see what I mean or just pick up a finance 101 book.
Secondly, I was only saying that green energy such as BLX and BEP (BEPC or BEP.UN) have been hit pretty good in recent months. For example, BEPC hit almost $80 back in January and it is on sale right now for under $50. It is like you going to Wal Mart and the display has a sticker, "Up to 40% off". Just because it seems to be on sale at the moment, does not mean I have advised anyone to buy anything. I simply answered a question from another person on this site.
It was another good weak for BPY closing at US$19. I am pretty much out of the stock now.
Have a good day,
Vette
I'm trying to explain to you that the share price decrease is a result of the splits, not because it has been "hit" companies choose to split their shares so they can lower the trading price of their stock to a range deemed comfortable by most investors and increase the liquidity of the shares. Human psychology being what it is, most investors are more comfortable purchasing, say, 100 shares of $10 stock as opposed to 10 shares of $100 stock.
Thus, when a company's share price has risen substantially, most public firms will end up declaring a stock split at some point to reduce the price to a more popular trading price.