Boiler Room: The Official Stock Market Discussion

[CrimsonTider]

Can someone explain why y’all are happy for a stock split?

 

[Scholar]

Can someone explain why y’all are happy for a stock split?

Attracting more retail investors and psychological boosts it gives investors that it can keep running.

To retail investors it’s more likely that a 400 stock will double rather than a 1400 stock. The increased stock liquidity may help.

There’s potential for the stock to double faster if retail piles in. Maybe greater affordability, S&P inclusion, & battery day can get us half way there

 

[Majestic]

My understanding is, say a stock is trading at $100/share. You buy today for $100 and get one share. It splits 4 to 1, you will end up with 4 shares for $25 each.

If you wait till after split you would buy 4 shares for $25 each anyway.

But people here believe that the price will be driven up before split as people are buying up news of split, thinking lower price will attract more investors. For example Tesla is up 7% on news of split.

- on a side note, kicking myself for not buying Tesla at $200/share. Might have been able to retire in ten years if people are right about 10k/share prediction by 2030.

thanks for explaining breh. Are you buying before or after split? also 10k prediction? tell me why I shouldnt just sell all my holdings and dump it all into tesla

 

[Scholar]

thanks for explaining breh. Are you buying before or after split? also 10k prediction? tell me why I shouldnt just sell all my holdings and dump it all into tesla

Why shouldn’t you

 

[Rickdogg44]

BOXL ......

 

[CrimsonTider]

Attracting more retail investors and psychological boosts it gives investors that it can keep running.

To retail investors it’s more likely that a 400 stock will double rather than a 1400 stock. The increased stock liquidity may help.

There’s potential for the stock to double faster if retail piles in. Maybe greater affordability, S&P inclusion, & battery day can get us half way there

I get the psychological part but how big will the effect be in the world of fractional shares

 

[Rickdogg44]

JMIA gang! What is going on?

 

[FabTrey]

bioc earnings today @FabTrey i'll be getting rid of it end of trading hours

i took some profit at $1.08. i wanna see $1.15. that would be nice. this does have long potential.

 

[FabTrey]

JMIA gang! What is going on?

 

[old pig]

thanks for explaining breh. Are you buying before or after split? also 10k prediction? tell me why I shouldnt just sell all my holdings and dump it all into tesla

the $10k prediction which seems very generous was before the split announcement I imagine

 

[ExodusNirvana]

TRVN dropping...I think I'm about to increase my position a little bit more

 

[the cac mamba]

so i jsut heard about the tesla stock split and apple split, should i load up @the cac mamba

no one should take advice from me

but yeah i am

 

[FreshFromATL]

So I need to buy apple stock before August 24th and Tesla stock before August 21st to actually buy those stocks when they split? I've never come across this method before?

You can buy them after as well. September 1 is when they start trading at their new prices.

 

[FreshFromATL]

Can someone explain why y’all are happy for a stock split?

Can you afford to buy a share of Tesla at $1400+ or a share of Apple at $450+ ???

If you can't, you should be happy because the stock is now more accessible to the common investor.

 

[Rickdogg44]

Can you afford to buy a share of Tesla at $1400+ or a share of Apple at $450+ ???

If you can't, you should be happy because the stock is now more accessible to the common investor.

you know the set is six certs gang!