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Technology Stocks : Apple Inc.
AAPL 280.65-1.2%Dec 4 3:59 PM EST
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Zen Dollar Round
To: Ryan Bartholomew who wrote (170673)6/9/2014 5:17:44 PM
From: HerbVic1 Recommendation  Read Replies (2) of 213173
 
… So you can make an argument that irrational people will buy a stock at a lower price even through there's no difference in value after the split, and this psychology will drive the price up, but at best that's a temporary phenomena. …
True, but it is a real phenomena. It's fairly consistent, repeatable, predictable and trade-able. Riding predictable short term trends may not be the stuff of long term investors, but when it's happening to one's long term investment, it is a phenomena worthy of discussion. What's the problem?
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