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Old 06-27-2016, 11:23 AM  
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Old 08-11-2020, 12:06 PM   #5851
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I bought a thousand shares at 1.78. Lets see...
Ouch
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Old 08-11-2020, 12:57 PM   #5852
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You should have listened to me three weeks ago when it was 1.45.
Or.... I could have waited until today and bought it for 1.36. ****!
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Old 08-11-2020, 01:02 PM   #5853
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Or.... I could have waited until today and bought it for 1.36. ****!
if you're stressing one day after buying a stock this ain't the game for you fam
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Old 08-11-2020, 01:45 PM   #5854
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Old 08-11-2020, 02:05 PM   #5855
chiefforlife chiefforlife is offline
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if you're stressing one day after buying a stock this ain't the game for you fam
Nah, Im good. Just sucks that I could have waited a day and saved 400 bucks.

I read some of the reports and thought it was a good investment. Still do.

I bought it with dividends so House money!
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Old 08-11-2020, 03:08 PM   #5856
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if you're stressing one day after buying a stock this ain't the game for you fam
Have you ever dabbled in options?
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Old 08-11-2020, 03:13 PM   #5857
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**** yeah! Apple and Tesla splitting. Put that money in folks

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Old 08-11-2020, 03:33 PM   #5858
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**** yeah! Apple and Tesla splitting. Put that money in folks

The impact of splitting is confusing to me. In an era where you can buy fractional shares, why does this matter? I get that the stock surged after the news, but why?

Granted, I am a set and forget investor, so I don't pay attention much.
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Old 08-11-2020, 03:46 PM   #5859
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**** yeah! Apple and Tesla splitting. Put that money in folks

Stock splitting changes nothing financially for the investor. More shares but they are worth the same money before the split.

Only benefit could be for those doing covered calls now have more shares to sell options on.
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Old 08-11-2020, 04:07 PM   #5860
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Have you ever dabbled in options?
No - what is it, you set a price you'll sell a stock for 3 months in the future or something? Hope some rube comes along?
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Old 08-11-2020, 04:26 PM   #5861
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No - what is it, you set a price you'll sell a stock for 3 months in the future or something? Hope some rube comes along?
Is this sarcasm?
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Old 08-11-2020, 04:37 PM   #5862
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No - what is it, you set a price you'll sell a stock for 3 months in the future or something? Hope some rube comes along?
No, you purchase the option to buy a stock in the future at a set price. Much more volatile than straight stock purchases, higher potential profit but more likely to lose money. Interestingly, you need less money to invest which lowers your total risk in the worst case scenario. It seems like something you’d be interested in based on your investment strategy.

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Old 08-11-2020, 04:45 PM   #5863
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Stock splitting changes nothing financially for the investor. More shares but they are worth the same money before the split.

Only benefit could be for those doing covered calls now have more shares to sell options on.
Lower stock price=sale. People will buy these companies bc they are affordable, especially Tesla, which means the stock price will go up.

Apple did their last stock split in 2014 when it started around $92. It has gone up 5 fold in 6 years.

That’s amazing
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Old 08-11-2020, 06:21 PM   #5864
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Lower stock price=sale. People will buy these companies bc they are affordable, especially Tesla, which means the stock price will go up.

Apple did their last stock split in 2014 when it started around $92. It has gone up 5 fold in 6 years.

That’s amazing
It would have done that without splitting.

See Amazon.

The split does nothing. It’s a great company with a high stock price because it’s got great revenue and a huge cash pile. People can buy partial shares already, so splitting means nothing. If Apple is worth purchasing at $100/shares, it’s also worth purchasing at $500/share.
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Old 08-11-2020, 06:59 PM   #5865
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It would have done that without splitting.

See Amazon.

The split does nothing. It’s a great company with a high stock price because it’s got great revenue and a huge cash pile. People can buy partial shares already, so splitting means nothing. If Apple is worth purchasing at $100/shares, it’s also worth purchasing at $500/share.
I've seen people say this a few times now about buying partial shares. I use TD Ameritrade. Is this something I can do with them? I'm not familiar with buying partial shares.
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