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.
Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Richard McMorrow who wrote (540)4/22/1999 1:27:00 PM
From: wmj  Respond to of 10027
 
I will not make the same mistake I made w/ AMTD...
I had 2,000 shares of AMTD at $52 (bought just before they announced their split)...I got excited and sold during the accumulation period at about $61-$62. Everyone knows what happened after that. I could have run my IRA to $500,000 if I had held for a couple of months, instead, I settled for a small gain. My point is that this split announcement is HUGE...we will get at least 40-50 points near-term due to split dynamics.

Compare our valuation to AMTD....we definitely have room to run!

Best of Luck everyone.



To: Richard McMorrow who wrote (540)4/22/1999 1:33:00 PM
From: JakeStraw  Read Replies (1) | Respond to of 10027
 
From their press release:

"Shareholders of record as of the close of business on April 30, 1999 will receive, in the form of a stock dividend, one additional share for each share held by them. On or about May 14, 1999, the transfer agent will distribute the additional shares".