As the internet grows, Google will grow. Fidelity Investments has over a trillion dollars invested in Google. (Check out the Major Holders of Google in Yahoo Finance.)
For the small investor, a split would be very advantageous to get in on this money-making growth stock. I'd like to see a 3 for l split. Then I'd buy in. Now I'm just content with the upward trend Google has been giving my Fidelity Magellan Fund holding. Thank God, I held Fidelity Magellan and did not listen to the naysayers!
Good luck everyone!
I like your point. I'd also really like to see a split soon. But I would prefer a 25.5 to 1 split cause that would bring the stock price to $10
Malcolm Gladwell explained in his book that a price of $10 was more attractive to female investors as they think they make a bargain buying at this price. As a little more than 50% of the population are females and 40% of investors are also females, we should see a 40% x 50% = 20% increase in the price by options expiration