A split is neutral with regard to value.
If you hold 100 shares of stock at $40, for example; your holdings are worth $4000.
If the stock then splits 4 for 1, you will have 400 shares of stock at $10. Your holdings are still worth $4000.
Any change in value that occurs is due to market action. The split itself is entirely neutral with respect to the value of the stock.
First we get Rod Rozelle who uses the code of conduct as toilet paper, then we get Raymond Velez whose claim to fame is getting caught by his now ex wife having affairs with the payroll girl and a young engineer.
And the checkers are a jockey who knows nothing about what we do and a winnie that likes fist fighting with the conference room table. Is anybody going to look after the questionable local expenses or the phony quality reports ?. What a poorly run operation and such beautiful buildings.
picked upa couple of north face jackets-both retail $149--first one, i could not buy at checkout-outdated- over a year old,had to be returned to northface--2nd one rang up for $37 dollars!!-yes 37 dollars!!!-no real explanation at checkout except" it happens sometimes" since when i had to ask.
based on a split, the shareholder value will not change. In theory, a split creates more volume since it will makes the stock more affordable to the average investor. Volume can create a more active market for the stock which can cause future additional value to shareholders since it opens up to additional shareholders that could not afford the stock at previous values.