i just want to know...i am in it for the long term and just want a stock which will split.
2007-06-02 14:40:27 · 5 answers · asked by cal2mkid 1 in Business & Finance ➔ Investing
you can search any online finance engine to research historical and announced splits but to know ahead of time would mean you are privy to inside info (illegal). anyway, why do you want a stock that will split? the price is adjusted down so you wind up with more shares but a lower per share price...
2007-06-02 14:51:36 · answer #1 · answered by PO'd 2 · 0⤊ 1⤋
All kinds of different opinions on splits! But one thing for sure...very, very, very, few people KNOW in advance...and if they tell you...Jail Time.
So it's just a guessing game...and my best guess..( backed by a " leetle" history and current run up in stock price) would be AMX ( Mexican phone co) One man makes the decisions there, owner " Slim" Helu , and he's done it a few times in similar market situations.
I answered a question about a week ago with some "splits" info...you can look it up if you want...but it generally says companies that split USUALLY do a little better in the market for the next year, and three years.( Take it for what its worth...I have made some money on companies that split, but definitely not big, big percentages)...Good luck.
2007-06-03 19:01:47 · answer #2 · answered by jebediabartlett 6 · 0⤊ 0⤋
It is difficult to predict if a stock will split, that is up to the board of directors. If a stock does split, your ownership in the company will not change.
Example: There are 1,000 000 shares of common stock outstanding. The capitalization value of the 1,000,000 shares is $20,000,000 or $20 per share. The stock splits 2:1. Now there are 2,000,000 shares of common stock outstanding, but the capitalization value remains $20,000,000.
Let's say you owned 100 shares before the split for a value of $2,000. After the split you will own 200 shares at $10 per share, $2,000.
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2007-06-02 21:57:53 · answer #3 · answered by Robert L 7 · 0⤊ 1⤋
There is no advantage to a stock splitting. You need to take some serious time to learn "long term investing". If you don't, and continue to look for "splits" you'll be making some serious financial mistakes that can't be undone.
Good luck.
2007-06-02 23:12:31 · answer #4 · answered by Common Sense 7 · 0⤊ 0⤋
There are services that research that very topic. One that I have found helpful is:
www.investmenthouse.com
2007-06-02 21:55:53 · answer #5 · answered by Clown 3 · 0⤊ 0⤋