/////its gonna be the soup dejoir in the next two years///////
That was unclear. I should have said "stock splits" are gonna be the next soup dijour.......
And before any of you dyed in the wool longs jump my buttt, I know, they said they will never split. But mark this post and watch what happens. They won't be the first to move, but they will be forced to join the party.
There would have to be a stockholder vote to increase the number of shares in order to split as you suggested. There is only enough shares by law to permit a 2 for 1 split. After that there is only enough to cover their regular stock option grants and employee stock purchase plan. Since Institutions hold over 85% of the stock now what benefit would they get from a share increase in banked holdings? They purchase shares in the tens of thousands at a time now. What benenfit if they add three zeros to the number of shares purchased but pay the same in dollars?