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Spdr S&P Oil & Gas Exploration & Production Etf V.XOP.W


Primary Symbol: XOP

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas exploration and production segment of the S&P Total Market Index (S&P TMI).


ARCA:XOP - Post by User

Comment by alkhoron Jul 25, 2021 10:52am
106 Views
Post# 33601897

RE:Don't Get Hung Up on the Stock Split

RE:Don't Get Hung Up on the Stock Split
JosephDavid1962 wrote: People are too focused on the stock split. It is the least important area of concern. It adds no value, it removes no value. It doesn't change how much $ you have invested. It simply makes the company look less like a very low penny stock, which institutional and ETFs, etc, don't (or aren't allowed to buy). It's a perception decision, not a value decision. What matters is the potential of the company. And the company has potential. To fucus so much on the split, is like the old saying, "can't see the forest for trees. "


Are you serious, the least area of concern? At the moment the bottem end of the price range is held up because the TSXV does not trade below $0.005. If it does consolidate at 100:1 ( it is a consolidation, not a stock split) then the bottem end can go as low as $0.00005. I doubt it will get that low but I can see it going below 1/2 a cent before recovering. I won't be a buyer again until after the consolidation and new lows are reached.
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