I think it would creat more demands and evidence AAPL would benefit. I don't think BIDU would have traded over $100 or equivalent to over $1000 if it didn't split. Another way to look at it is that BIDU rise a steeper curve after split, just look at the 1yr chart!
AAPL is undervalue and wouldn't be surprise if they announce stock split 5:1 just before the monster Holiday quarter!!!
Constructive comments or critics welcome...
BIDU's daily cash volume is one tenth that of AAPL. It matters. Big buyers are slinging AAPL shares around like peanuts. Having a few extra small fries in the mix won't change the dynamic. Think about it. Would a few extra vagabonds walking into Costco (if they were allowed to) change the store from a wholesale venue to a higher priced retail store?
I think you under estimate the retails...anyway, why should we keep it from certain investors just because they don't have deep pocket like institutions.
Good to hear from you. I have invest more in solar companies recently, but AAPL is still my #1
Splitting a stock has traditionally been a sign of both a healthy company and one that's interested in the welfare of it's shareholders. With both Google and Apple, however, the shareholders are largely institutional and care less than the general public about volatility.
And splitting the stock reduces volatility. It also makes shares more affordable to the average investor. the public is far less leery about buying a $50 stock than a $300 stock.
just based on historical data the price range for after split above $50 a share. another fact is that usually company only announces split when they see very strong outlook which is one of the many reasons stock would surge. The other big reason is off course supply and demand