As we move towards $20 per share..........................a 6-5, 5-4, 4-3 or 3-2 stock split would be welcome!!!!! More shares=rewarding shareholders. Management is smart and good, they will increase shareholder value. :)
Since they wouldn't want the share price to drop below the ipo $10 price, they probably wouldn't do a 2-1 unless it was over $20. I was hoping for some 3-2 or 6-5, which they could propose in the upper teens. News of the split would push up the stock price to the low 20's. Also if they start doing 3-2's, they could do them yearly......like they do with increasing the div's. I'm with the 72 yr old (even though I'm in my 50's)....I don't want to wait for 20 yrs for the first split. Let's start as soon as the stock starts making new 52 week highs.