Thanks for info Arnquist.
Do you remember
where it was said or written by ABT management that
this quarter's sales or earnings will be affected by
currency issues or asia issues?
I would appreciate
a link if available.
There really shouldn't be a difference if you buy
before or after the split.
The stock price
usually goes up on news of a split because that is a
strong signal from management that they expect continued
growth in stock price based on current business
operations. It is that signal, not the stock split itself,
that should move stock price.
It used to be
that stock price commissions were related to number of
shares bought. The minimum commissions per share occured
when you bought in batches of 100 shares, so the
reduced cost of 100 shares after the split encouraged new
investment and increased stock price. But now the discount
brokers charge per trade,not related to number of shares
(i.e., Waterhouse Web Broker is $12 per trade,
regardless of number of shares) so this reason has pretty
much gone away.
There doesn't seem to be any
significant research results that would indicate that
psychological factors consistently push the price up the few
days before or the few days after a split. And there
is no economic value. So it doesn't seem to me like
the day of the split should impact your decisions
about when to buy or sell the stock.
I've heard a lot about ABT in the last 6 months,
but it sure would have been nice to get in at the
With all the hype about successful Cancer Treatments
for Rats in the media, I thought this would be of
some interest to ABT investors.
Recovery Systems (CRS) has a treatment that has already
been through FDA Phase One testing on 100 HUMANS, with
an amazing 41% response rate from patients whose
cancer condition was diagnosed as
Prior to its initial Public Listing, CRS is issuing a
504 "Seed Share" Offering.
CRS has improved
upon that treatment, and will be undergoing additional
Phase One human trials this summer, with the subsequent
Phase Two (efficacy) trials following shortly
If EntreMed can be driven up past $85 on a cure for
mice and rats - I wonder what a real treatment for
humans could see?
Go to Key Capital Corp's
(OTCBB: "KCAP") Web Site (CRS's Investment Banking Group)
at: www.kcap.net or call their toll-free Investor
Relations line at: 888-823-5767 or email them at:
I bought 1 call option right before the close yesterday. Thought the split was this morning but it looks like it will be after the market closes. Hope we see 80 soon(40 after split).
Yes,you receive the additional shares if you buy
shares up to the moment of the split. The date of record
is really a bookkeeping issue...shares that trade
after the date of record trade with the right to
receive the stock split. Yes, your cost basis will be cut
in half when the number of shares you own
The confusion here is because of the importance of
the date of record for a (cash) dividend. In that
case, the cash dividend is paid to the holder on the
record date and the right to the dividend does not trade
with the shares of stock. The holder on the record
date gets to keep a cash dividend.
on the record date does not get to keep the stock
dividend shares, however. This right transfers to the new
Hope that helps.
The stock split is for holders of record on May
1st? I don't understand this wording. How is this
different from other stock splits? If I bought 1 share at
$74 on May 15th and the price stays the same until
the end of May, shouldn't I own 2 shares at $37 at
the beginning of trading on June 1st?
wording regarding holders of record as of May 1st that
has me confused. Thanks for the lesson and help.