Bad investing information/advice on the net contest Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Bad investing information/advice on the net contest

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Edwarda who wrote (190)	1/15/2000 7:52:00 PM
From: Phil(bullrider)	Read Replies (1) of 214

To all: Since I am a relatively new investor there are two things that were recently brought up that I would like to discuss. First, even though I agree that a stock split is fundamentally a non-event in relation to the price of an equity, most people believe they are getting a better deal if they buy after the split. I guess they believe cheaper is better. I always wondered why most stock prices declined substantially right after the split. The theory that a lot of investors sell the split shares makes a lot of sense. If one didn't mind the commissions and taxes, it would seem to be a smart move to buy just before the split, wait for the selloff, and buy back in. Personally, I try to hold until the price is back up to the pre-split price before I sell the split shares. I have done it several times with success. Secondly, I never gave it a thought that some would not buy an equity unless they could afford a hundred shares. It makes sense though. In that case, I understand even more why a split is good for current investors. Anyway, Have fun, Phil

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next