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Ecolab Inc. Message Board

  • gscon gscon Apr 10, 2012 8:10 PM Flag

    It's so quiet here

    stock split one for two will help increasing trading volume for sure.

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    • I think ECL is getting close to where they have done 2 for 1 splits in the past.

      The only thing that keeps companies from doing them as often now, I think is that in the old days you got dinged on your commission (which could be $40 even for a discount broker) if you bought an odd lot (less than 100 shares). However, now with commissions of $9 or less applying to all trades at most brokers, buying less than 100 shares is a much more cost effective option.

      However, U of C efficient market thinking to the contrary, I still say a stock split is generally followed by a greater % increase in the stock price than in the abscence of a split. After all, trades are still made by humans and a split still conveys a message that the board expects the stock to rise.

119.72+0.20(+0.17%)Nov 24 4:02 PMEST