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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (14927)3/4/2011 10:51:37 AM
From: giddy guru  Read Replies (1) | Respond to of 222366
 
Yes you are correct. If you held 100 shares of AGQ, and say the current price is $200, its worth is $20,000.
Now if they split 2 for 1, (for that matter any type of split or not) your value would be still $20,000. You will have 200 shares instead of 100 and the price would be changed to $100 from $200. [# of shares would double and the price would go in half, keeping the total value the same].
/giddy


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