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The Allstate Corporation Message Board

  • pablohaz pablohaz Mar 23, 1998 11:33 AM Flag


    The vote for a split, or increase of common shares from 1 bill. to 2 bill. is scheduled for the shareholder meeting on May 18, 1998. Before that date we'll just have to rely on earnings to boost the stock. OR RUMOR!

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    • BUY WHEN IT SPLITS!!!!!!!!!!!! This company is greedy and wants to see more. The shares will grow to its current high in now time.

      • 1 Reply to gpj99
      • But even more than people buying once it does split, there will probably be a ton of people that buy in anticipation of the split. Which of course serves to run up the price before the split ever even happens. Splits tend to attract a lot of attention--everyone thinks "I want to make sure I get in on this good deal."

        I'm just noticing that ALL is trying really hard to crawl out of its 1 1/4 point drop of this morning, perhaps even close up a bit. I hope it can sustain this upwards movement through the afternoon and carry it into the rest of the week.

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