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Actually rude, if you follow this board regularly, like I know you do, you would know that this conversation about a Stock Split is the only conversation on this board (with the exception of some recent but minimal spamming). You should be glad I post otherwise this would be an empty message board.
rude...You're being rude. This is no joke and I don't feel that way at all. I respect all those who comment. I will agree that initially on paper it makes no difference (twice the shares at half the price) but you will probably agree that it won't hurt. So let's do it. Honeywell and other fine companies have split their stock in the past.
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....for more than a year you have all responded repeatedly to the same nonsense to no avail.
He knows exactly how each and everyone of you feels about a stock split, yet you all continue to debate the point.
He is having fun laughing at you
To respond better to your comment consider these growth companies that have split: Colgate-Palmolive 2/1 2013, Apple 7/1 2014, United Technologies 2/1 2005 and none other than Honeywell 2/1 1997. Need I say more. Let's get it done.
Ever consider the possibility that a company would split its stock precisely because it was starting to doubt its ability to grow and they were looking to draw in a new class of investors (i.e. weak hands)?
Agreed.... you get twice as many shares at half the price. You'd think that this would be an easy concept to understand.
Amazing how obsession with a stock split can block someone from accepting that it just doesn't do anything for appreciation of value.
I'll take a 2 for 1 Stock Split any day. No one on this message board has ever made a case that a stock split will hurt. So do it. Let's get it done. We can all be happy.
A stock price fundamentally does nothing. You say you are in it for both divi and price appreciation, thus indicating you are in it for the long haul ( divi). So while there is a quick euphoria with a split it does not last and that momo dissipates rapidly and we are at the same valuation.
In today's trading environment it is easy to buy stocks in less than 100 increments due to fee structured online trading without additional cost. So price has zero impact now. You invest "X" amount of dollars. # of shares is not relevant any longer as it was 30 years ago.