Sun, Sep 14, 2014, 10:51 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

U.S. Global Investors (GROW) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • Adelantado Adelantado Mar 27, 2007 6:23 PM Flag

    What is the general norm for split?

    "YOU DO GET FREE SHARE YOU NITWIT. THE DAY BEFORE THE SPLIT YOU HAVE 100 SHARES THE DAY AFTER THE SPLIT YOU HAVE 200. THAT'S 100 FREE SHARES. GET A CLUE WILL YA?"

    Yes, but each share is half the value before the split. If you pay transaction fees, you'll pay more to sell the split shares.

    Share splits tend to appeal to the bargain basement investor who believe that if the price is low enough, it must be a great deal. This theory reminds me of my uncle Benny who searched the sidewalk for used cigar butts instead of buying dry, presmoked ones. He thought the price was right. I can't disagree if you don't care about the smoke.

    Adel

 
GROW
3.36-0.13(-3.72%)Sep 12 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
21Vianet Group, Inc.
NasdaqGSFri, Sep 12, 2014 4:00 PM EDT
Darden Restaurants, Inc.
NYSEFri, Sep 12, 2014 4:03 PM EDT