| Author |
Message
|
| esquire415 |
Posted: Sat Oct 06, 2007 6:00 am Post subject: Stock splits |
|
|
 Investing Manager

Joined: 02 Jun 2006
  Posts: 318 This Month: 0
116344.93 e$
Net worth: 116,344.93 Portfolio Value: 0.00 Monthly Return: 0.00% Trades this month: 0 Churn Rate: 0.00%Items
|
| The simulator is not taking into account stock splits. I've held VIP for a while and they did a 5-1 stock split a couple of months ago. It has skyrocketed since and the simulator is telling me that I am losing big money on it. Please fix it. Thank you. |
|
| Back to top |
|
 |
| JRW-910 |
Posted: Sat Oct 06, 2007 5:29 pm Post subject: |
|
|
Administrator

Joined: 01 Feb 2007
 Posts: 182 This Month: 0 Location: New Jersey, USA 33057.51 e$
Net worth: 33,136.12 Portfolio Value: 28.61 Monthly Return: -6.44% Trades this month: 0 Churn Rate: 0.00%Items  |
Please send me a PM with a link to an article detailing the split and I will take care of it.
Thanks,
-JRW |
|
| Back to top |
|
 |
| ithatheekret |
Posted: Wed Nov 28, 2007 6:19 am Post subject: |
|
|
Investing Sr. Associate

Joined: 22 Nov 2007 Posts: 51 This Month: 0
3872.53 e$
Net worth: 20,017.53 Portfolio Value: 16,145.00 Monthly Return: -9.85% Trades this month: 0 Churn Rate: 0.00%Items
|
There was a rumour floating around at he beginning of he month , hinting at a GOOG split .
Rumour and conjecture I think , or the stock would've mysteriously jumped up higher one or two days this month at least . |
|
| Back to top |
|
 |
| prs1065 |
Posted: Fri Feb 01, 2008 11:08 am Post subject: |
|
|
Investing Sr. Associate

Joined: 01 Sep 2007 Posts: 168 This Month: 4
1024.49 e$
Net worth: 41,883.59 Portfolio Value: 40,859.10 Monthly Return: -2.77% Trades this month: 1 Churn Rate: 0.00%Items
|
|
| Back to top |
|
 |
| cptken |
Posted: Sat May 03, 2008 4:03 pm Post subject: |
|
|
 Investing Sr. Associate

|
| can anybody explain to me how a stock splits and its how it all works for the investing people |
|
| Back to top |
|
 |
| deprived |
Posted: Mon May 05, 2008 7:25 am Post subject: |
|
|
Investing Sr. Associate

|
A stock split is created in order for company to generate new cash for a various reasons, company expansions, buyouts, R & D, new product lines and a few others.
Basically the stock you own is divide by the split ratio, creating more shares that you own. examples 2 to 1 split , your original stock was value at $20 a share, if you own 1 share it now becomes 2 shares worth $10 each. 3 to 2 split = 1 share now becomes 1.6667 shares, another way to look at it is 2 shares become 3 shares.
Then you have reverse splits- which is where your stock value increases.
ex: 2 to 1 split = 20 shares become 10 shares, so if you had 2 shares at $10 it now becomes 1 share worth $20.
3 to 2 split = 1 share value @ $10. is now worth $16.67
Remember always to do your research .
[/img] |
|
| Back to top |
|
 |
| cptken |
Posted: Mon May 05, 2008 10:00 pm Post subject: |
|
|
 Investing Sr. Associate

|
| thanks for the explanation it was very helpful |
|
| Back to top |
|
 |
| Im Not Warren Buffett |
Posted: Tue May 06, 2008 4:51 am Post subject: |
|
|
 CFO

|
| deprived wrote: | | A stock split is created in order for company to generate new cash for a various reasons, company expansions, buyouts, R & D, new product lines and a few others. |
Stock splits are a non-economic event.
Your explanation beyond this is correct, though. |
|
| Back to top |
|
 |
| deprived |
Posted: Wed May 07, 2008 3:46 am Post subject: |
|
|
Investing Sr. Associate

|
Thank's for the correction, but i am confused. What constitues an non-econmic event (not trying to be rude here). The example i can see is this; and this still can be consider an econmic event Tthe fact that the company is trying to increase stock purchases to a round number, which is truely trying to get more investor's to buy becasue the price is too high.
This explaination comes off investopedia.com
A corporate action in which a company's existing shares are divided into multiple shares. Although the number of shares outstanding increases by a specific multiple, the total dollar value of the shares remains the same compared to pre-split amounts, because no real value has been added as a result of the split
One reason as to why stock splits are performed is that a company's share price has grown so high that to many investors, the shares are too expensive to buy in round lots. |
|
| Back to top |
|
 |
| Im Not Warren Buffett |
Posted: Wed May 07, 2008 4:02 am Post subject: |
|
|
 CFO

|
The round lot argument should be taken out to the woodshed and shot, it's a relic of pre-1990s times when there were extra brokerage fees for not buying a "round lot" - i.e. a multiple of 100 shares. Now, it's no problem to do so, and any number of brokers will let you buy 10, 20, 34, 47, etc. shares.
When I say non-economic event, that means there is no economic impact in the sense that it doesn't create or destroy any value. It would be like if you have a box of pizza, unsliced, and I go and cut it in half and give it to you. There is no not change in how much you have... it's just more easily divisible. |
|
| Back to top |
|
 |
|
|
 |
| deprived |
Posted: Wed May 07, 2008 4:21 am Post subject: |
|
|
Investing Sr. Associate

|
|
| Back to top |
|
 |
| cptken |
Posted: Wed May 07, 2008 9:32 am Post subject: |
|
|
 Investing Sr. Associate

|
| that helps out a lot guys i understand now so really all a company is doing is getting the price of the stock down so they get more trading. |
|
| Back to top |
|
 |
| akshaytalwar |
Posted: Sun May 18, 2008 1:35 am Post subject: |
|
|
Investing Associate

Joined: 18 May 2008 Posts: 21 This Month: 0
11248.99 e$
Net worth: 11,248.99 Portfolio Value: 0.00 Monthly Return: 0.00% Trades this month: 0 Churn Rate: 0.00%Items
|
Payable Ex Date Company Symbol Optionable? Ratio Announced Add To My
Calendar
May 07 May 08 Petrobras Brasileiro PBR Y 2-1 Mar 26
May 14 May 27 Suncor Energy SU Y 2-1 Feb 27 Add
May 15 May 16 Cleveland-Cliffs CLF Y 2-1 Mar 11
May 23 May 27 Weatherford WFT Y 2-1 Apr 21 Add
May 26 May 27 Bucyrus BUCY Y 2-1 Apr 30 Add
May 27 May 28 Invitrogen IVGN Y 2-1 Apr 30 Add
May 28 May 29 Union Pacific UNP Y 2-1 May 01 Add
May 30 Jun 02 Atlas America ATLS Y 3-2 Apr 23 Add
Jun 02 Inter Parfums IPAR N 3-2 May 07 Add |
|
| Back to top |
|
 |
|
|