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Jan 11, 2019
1:49
:37
pm
crack
All-American
He wasn't alone. I started trading full-time in 2004. My cousins (who are all
artists) were telling everyone at my grandfather's funeral that Google was a bubble in early 2005 because it had doubled in price.
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crack
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crack
Joined
Nov 17, 2005
Last login
Sep 27, 2024
Total posts
42,949 (120 FO)
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Messages
Author
Time
How do stock splits work exactly?
Windward_Coug
1/11/19 1:31pm
This exercise will make both of you sad.
crack
1/11/19 1:33pm
What's funny is I also pleaded with him to buy Google stock that same summer
Windward_Coug
1/11/19 1:42pm
He wasn't alone. I started trading full-time in 2004. My cousins (who are all
crack
1/11/19 1:49pm
Yeah, he was probably gun shy from the tech crash.
Windward_Coug
1/11/19 1:50pm
I think it just means that you get double the shares for half the price
cougarblue
1/11/19 1:33pm
On a 2 for 1 stock split the shares you own double and the price for each share
Lance71
1/11/19 2:23pm
RE: How do stock splits work exactly?
Alister Mackenzie
1/11/19 1:34pm
<< Deleted >>
Buffalo
1/11/19 1:37pm
He would have never held onto it this long.
Baron
1/11/19 1:34pm
Almost no one I know who works for Apple has held on to any stock they received or bought before 2010
YIsForBrigham
1/11/19 1:40pm
RE: How do stock splits work exactly?
foofcoug
1/11/19 1:35pm
pretty much the gist of it.
Beggar
1/11/19 1:35pm
Yes he would have had more shares than he originally bought. However, most chart
crack
1/11/19 1:38pm
Thanks, that clears it up. So it would "only" be a 100 times increase in value.
Windward_Coug
1/11/19 1:40pm
Depending on when in 2004 he would have bought it. My chart is showing between
crack
1/11/19 1:45pm
Yes. “Only” 100 times or a 10,000% return. However you prefer to look at it.
Pimpin4Paradise
1/11/19 1:49pm
or 39% 14 year CAGR
RugbyCoug
1/11/19 2:29pm
Here's the math you don't want to think about too much b/c it will make you sad
Greg Kite's 'stache
1/11/19 1:42pm
1 share -> 2 shares -> 14 shares.
Mrs Featerbottom
1/11/19 1:46pm
Already contemplated in the $2.00 price you looked up. No adjustment needed.
RugbyCoug
1/11/19 2:08pm
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