Take a look at how this stock reacted after the last split. For no apparent reason (other than profit taking), it drop $3-5 after the split. Then, after a short rest, it worked its way back up from the high-$20's/low-$30's back up to $60. I expect the same this time (although I don't know how big the dip will be, if there is one). Anything in the $27 range and I'm buying more.
IMHO a stock frequently undergoes some sell pressure right after a split because a lot of people will dump their additional shares. I think it is very positive that the stock was up today. A good solid up trend, nothing jazzy, just good buying and selling.
OK gentlepeople. I have been watching this company for six months with jealously towards those of you who had the guts to put the money down. I figured that the solid fundamentals would begin to falter. No longer. I could not stand to watch. Thus, this morning I jumped in. I figure these blow out earnings will lead to an upgrade or two near term. Let's go!
Unfortunately, I was in somewhat late last week because I have always wanted to put my money into this stock. When I saw what happened today, I quadrupled my investment, because, being from West Michigan myself (where Herman Miller is headquartered) I KNOW this is going to pay HUGE dividents. All aboard!!!