Tue, Oct 21, 2014, 4:18 PM EDT - U.S. Markets closed

Recent

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

Cisco Systems, Inc. Message Board

shittingbuii 6 posts  |  Last Activity: Aug 27, 2014 2:16 PM Member since: Dec 5, 2012
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Stock split at next earnings

    by herefortherush Aug 27, 2014 7:13 AM
    shittingbuii shittingbuii Aug 27, 2014 2:16 PM Flag

    I didn't answer because there is no definitive answer. I honestly though it would have already split. Are they in the process of doing a buy back ? If so, that could be one reason. I've done little DD on the stock as of late, as I'm in it fairly cheap. I bought in for 39. My cost basis is 19.50. I've got to run now, but I'll try to get back here in the morning.

  • Reply to

    Stock split at next earnings

    by herefortherush Aug 27, 2014 7:13 AM
    shittingbuii shittingbuii Aug 27, 2014 1:52 PM Flag

    Nor do they vote on/for the shares required to facilitate a split. They are not considered new shares, only new denominations for the existing shares (two tens for a twenty). I don't know any other way to put it, but I've never had to vote for a split, nor the shares to facilitate a split. I can assure you, if you own this stock if/when it splits, you will not be required to vote for/against the split, nor will you be ask to vote for the shares required to facilitate the split..

  • Reply to

    Stock split at next earnings

    by herefortherush Aug 27, 2014 7:13 AM
    shittingbuii shittingbuii Aug 27, 2014 12:43 PM Flag

    The B-o-D's vote on stock splits. I've been in the market since the 70's. I've realized 100's of splits during that time. Not once have I been ask to vote on a stock split. I have been ask to vote (or send my proxy for the B-o-D's) to vote my shares when a company split or spun off part of it's assets ( PM into PM/MO...ABT into ABT/ABBV...PEP into PEP/YUM...etc).

    And as far as treasury shares go, they're not used to complete a split. They split right along with the public;s shares. Like I said earlier, split shares and new shares are two different things. Split shares are nothing more than new denominations of the old shares. (2 tens for a twenty). New shares are issued to raise capital

  • Reply to

    Stock split at next earnings

    by herefortherush Aug 27, 2014 7:13 AM
    shittingbuii shittingbuii Aug 27, 2014 11:51 AM Flag

    'shareholders that must authorize an increase in the number of shares'

    No, stock splits are not really new shares.. It's like going to the bank with 2 - $100's and walking out with 4 - $50's. You haven't increased the money supply, nor how much money you have, only the denominations.. Same with stock splits. You haven't changed the market cap, only changed the denominations. You own 2 hundred dollar shares, you wake up with 4 fifty dollar shares. It's nothing more than a paper thing. The company owned shares split right along with the public's shares. Market cap has not changed, only the denominations.

    New shares are a different thing. They're issued to raise capital.

  • Reply to

    Stock split at next earnings

    by herefortherush Aug 27, 2014 7:13 AM
    shittingbuii shittingbuii Aug 27, 2014 10:29 AM Flag

    B-o-D's vote on stock splits. Company doesn't need to own a single share to split

  • Reply to

    huge sell of by 12 or 2 pm

    by kinsma.i6684 Aug 15, 2014 10:42 AM
    shittingbuii shittingbuii Aug 15, 2014 2:48 PM Flag

    Too many juvenile clichés (watch & learn, hogs get slaughtered, etc, etc,...) to be a serious (adult) trader ! ! !

CSCO
23.51+0.58(+2.53%)4:00 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.