Split your ways to riches.
Well, the roundlot small investor purchase pushed the stock from
154, pre-split OR 77 post -split to 85 post split. Wow, that is
a 10% jump in one week. (did the short squeeze come in?)
Since the split was announced in late January the stock has moved
from 68(136) to 85 today. That is a 25% jump.
So I wonder, how does a split help increase the intrinsic value of
a company. It is still the same microsoft, they didn't have any
earnings release since Jan 27th or so when the split was announced.
Thanks to the split, my long position on MSFT increased 25% in value.
Here is an idea, Microsoft, keep splitting you stock, every month,
or even week, or better still - every day until you have 200Billion
shares outstanding and the stock if appreciates 25% on every split,
I will retire, and yes, Bill (Gates) you will be a trillionaire.
Why not? think about it Bill. Give it a thought!
johnd |
