last time split, stock plumetted hard. expecting $25 on 2004 pullback.
"Actually today's decline of $.55 gives 2 day decline of $1.07 (just like dividend)."This statement makes sense to me. Perfect market efficiency would show an almost exact $1.00 change overnight, but the market is not totally efficient.
stock going ex-dividend yesterday and the price reflects $1.00 dividend? Or was yesterday's stock decline of $.52 due to going ex-dividend?Actually today's decline of $.55 gives 2 day decline of $1.07 (just like dividend).Hoping for rebound on Monday.
I'll assume the $25 you are talking about is pre-split. Are you saying that the price of this stock is going to go below book value (29.55 per share)?If so, you are insane. I'll gladly pay $25 for $30.
Yea, he made the insane prediction of a $25 pre-split price!Tomorrow is ex-reg dividend date, spec.div and split coming up, 1 of strongest stocks again today.
a 3 for 2 split puts the price @ about $25, right?If so, you don't know what the hell you are talking about.This was 1 of strongest stocks in market today.They don't depend solely on mortgages, the stocks strength said so!In @ 38.00 long.