SI
SI
discoversearch

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.
Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: DEJ63 who wrote (5514)2/18/1999 12:22:00 PM
From: ahhaha  Read Replies (2) | Respond to of 29970
 
Your statements are representative of public delusion. They are rationalizations and carry 0 truth. You have x dollars to invest in XYZ. The price per share is irrelevant. What does it matter how many shares you buy?

Somehow the public believes that splits cause share price to rise. This is more delusion from bull market intoxication. The market is going to have to punish you severely if you persist in this delusion.



To: DEJ63 who wrote (5514)2/18/1999 1:48:00 PM
From: David Harker  Read Replies (2) | Respond to of 29970
 
OT - splits

I agree, splits cause excitement, which MAY cause a stock to
rise. That is a second-order effect of what it does to people
emotionally. Financially, the $5/$10 example holds.

>Actually, if the company splits it's stock, that normally allows
>those folks that would not purchase a $100 stock to now purchase
>a $50 stock, if you assume a 2 for 1.

Maybe in the old days when 100-share blocks had cheaper broker
commissions. Today, just buy 1/2 as many shares at 100/share than
you would have bought if it was selling for 50.