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AutoZone, Inc. Message Board

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  • everfoxy everfoxy Jul 30, 2009 2:55 PM Flag

    Stock Split?

    A stock split doesn't change anything except have more shares at cheaper prices. With AZO it could accelerate selling,not buying. I double they'll split it though.

    IMHO, AZO will go down from 157.5+ for the rest of the day, or at least for the next 45 minutes.

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    • I got my last hour prediction backwards. When it didn't go down, I held on to my extra shares shorted, hoping I didn't have to carry more than I like to overnight. Fortunately the market accommodated me at the end. The meaning if this is that the entire market's pattern was to go down at the very end of the day, which is the opposite of what we've been seeing lately. The bounces at the end of the day have been described as institutional buying. So was today institutional selling? Any comments?

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