2007-07-26 08:48:48 · 6 answers · asked by D_KLEE 1 in Politics & Government ➔ Law & Ethics
Look at historical values. Some companies split when their stock nears $100/share to make a share more affordable.
2007-07-26 08:52:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No, it is a corporate action decided on by the board of directors when they think the stock price is too expensive for their target owners (who they want to buy shares).
by the way, how would that help you? If a stock splits, you have double the shares but the dollar amount remains the same....
Example: 1000 shares at $100/share = $100,000
split 2 for 1: you now have 2000 shares at $50/share = still $100,000
2007-07-26 15:59:07 · answer #2 · answered by dan 4 · 0⤊ 0⤋
Only if the company announces it.
In some cases you can base it on historical split prices, but it is the company who decides whether or not to split it's share price.
A stock split does nothing to the value of the shares you hold. you end up with 2x the shares at 1/2 the price, (or whatever multiple).
2007-07-26 15:51:58 · answer #3 · answered by heavysarcasm 4 · 0⤊ 0⤋
I'd avoid stocks right now.
[Points to crazy week we've had.]
2007-07-26 15:52:16 · answer #4 · answered by Bryan 2 · 0⤊ 0⤋
If you can, it would generally fall under insider trading.
2007-07-26 15:51:45 · answer #5 · answered by Michael C 7 · 0⤊ 0⤋
No.
2007-07-26 15:51:03 · answer #6 · answered by regerugged 7 · 0⤊ 0⤋