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#3331 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-710000
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Quote:
I got shares of stock back in early Dec when I got a promotion and went full time and I'm up $200 a share already. I'm hoping to have 100-200 shares by 2026 when I retire. I'm hoping they are worth $5,000/ share or more at today's value.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
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Posts: 54,916
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#3332 | |
Seeking the Truth daily
Join Date: Jan 2006
Location: In the Country in MO
Casino cash: $-1365691
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Quote:
Airlines not flying to or from china...that hit airline stock, then OMG we have to gut fuel suppliers...OMG no one will go any****ingwhere
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"We read books for knowledge; We read the Bible for wisdom!" |
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Posts: 54,739
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#3333 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
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Posts: 46,300
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#3334 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1365266
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Posts: 59,931
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#3335 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $-1391756
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STZ down over coronavirus fears
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Posts: 36,844
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#3336 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
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That's the only benefit.
Doesn't mean it makes the stock more valuable like so many seem to think. He's saying he'd be all over an Amazon stock split, and if that's true, just buy shares now. 1 at the current price vs 2 at a split is the same value if you're limited on funds. |
Posts: 46,300
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#3337 | |
MVP
Join Date: Jan 2007
Location: Missouri
Casino cash: $-1717750
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Quote:
Even if these affects wear off over time, it can definitely increase the value on short term trades. No split, no hype bounce. The assumed bounce my be what moves it from "Meh" to "Lets give it a shot" for people who try to play the rest of the field's emotional responses. |
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Posts: 9,013
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#3338 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1365266
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Quote:
Plus all the stuff ghak posted. There is a lot of nuance that gets traded in the marketplace. |
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Posts: 59,931
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#3339 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
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Quote:
The value of the stock is the same whether amazon is $2k or $1k is a share. You’d be in better shape to buy in before a split if you believe in the company. Thank you. |
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Posts: 46,300
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#3340 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1365266
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Quote:
You’re saying that a guy shouldn’t buy a share on a stock split because INTERNALLY the valuation shouldn’t change. But not all trades are made that way. There can be a substantial bounce IN THE MARKETPLACE after a split. RunKC didn’t specify his strategy here. He could very well buy on the announcement, ride it awhile and get back out, capturing the hype wave. That isn’t necessarily a bad strategy. Or RunKC could be using news of a stock split as validation for recent gains that they aren’t just a run to stability on this coronavirus thing. Logic would dictate that if it was an unexpected bounce or unsubstantiated within the business, they wouldn’t split. Which wouldn’t necessarily be a bad strategy. Or He could be just looking for a lower cost into a share. Which wouldn’t necessarily be a bad strategy. I agree with you in principle if you’re looking at a buy and hold strategy. But there are some things that RunKC could be looking at that could be sound strategies also. He just didn’t specify. You can both be right. |
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Posts: 59,931
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#3341 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
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Quote:
/Won |
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Posts: 46,300
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#3342 |
Veteran
Join Date: Aug 2015
Location: Oak Harbor, WA
Casino cash: $4313400
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To temper the feeling that I just blew through way too big a percentage of my paycheck on SB LIV gear, I'm throwing an equal amount of money into my IRA.
Thanks for coming to my Ted Talk.
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Dilly Dilly! ![]() |
Posts: 2,656
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#3343 |
The Seated Villain
Join Date: Apr 2007
Location: Seattle
Casino cash: $560247
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FYI, don't listen to me.
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With a sack in 61% of his games, SB MVP Von Miller is the most consistent pass rusher in NFL history. |
Posts: 10,753
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#3344 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-452449
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If they can keep up these 20% daily gains for the rest of the year, I'll be rich.
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Active fan of the greatest team in NFL history. |
Posts: 145,246
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#3345 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
Casino cash: $8399646
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Tesla stock is on fire. It closed today at $887.06/share.
And in after hours trading, it's over $900. |
Posts: 23,384
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