<A record date of May 1, 1998,. . .>
Yes, this is what I'm asking. . . . . .
I would rather purchase before the split because if DIS goes up
quickly after the split and I haven't purchased, then I am loosing
money if I buy after the split and the stock is on the rise.
What I have notices (usually) is that after a company announces
a stock split, the price rise quickly, then settles back down.
If I buy at higher than the split price, then I'm behind the eight
ball after the split. If I can time it right and buy as it's settling down, then when it splits and rises back up, I'm making money (quicker)!!!
Replies. . . . I'm a novice, and a technical one. So you investing wizards tell me if I am making a mistake with this logic. |
