probellringer
Well-Known Member
sorry swordfish for disappointing you-but its the little things that make me happy-this is good news for all of us --it is a MESSAGE BOARD...
If it stays at $70 very long will it split?
I'm just a truck driver.
No ! Stocks don't split at $70 a share. $700 a share, then they might.
I find it good UPS stock finally caught up, even after being downgraded earlier this week from "buy" to "hold" .
But, if I would have bought any while I was working at UPS, I would just be at the breakeven point now.
$53 a share was $70 Can dollars.
Now $70 a share is $70 Can dollars.
But, for all american investors, yes, it's a nice gain.
No ! Stocks don't split at $70 a share. $700 a share, then they might.
I find it good UPS stock finally caught up, even after being downgraded earlier this week from "buy" to "hold" .
But, if I would have bought any while I was working at UPS, I would just be at the breakeven point now.
$53 a share was $70 Can dollars.
Now $70 a share is $70 Can dollars.
But, for all american investors, yes, it's a nice gain.
maybe its different on canadian exchange...i remember yrs ago pfizer was $85 --announced they were going to do a 3/1 split..it went to over $100 on that news-all stocks are different..some stocks do reverse splits when they are low priced-but what do i know im just a service provider
No, kind of the same stock exchange here, but most companies will wait until stocks go in the hundred value.
Like Apple now trading at $262 or Google at $528. I would say Google is almost ready for a split.
hummmmm, google was once at over 700 and didn't split.
LOL! Makes sense to me, but I'm just a guy that wears brown at work.Actually ,Mr. Goldman Sachs, stocks split at any dollar level. Stick to selling vacations and smuggled liquor.
For the first time in 15 years, I own zero UPS stock. Just unloaded my remaining shares.
Actually, a stock split does not raise additional equity capital for the company, it would require a secondary offering to accomplish that.Some companies have their stock at close to a 1,000 to keep the company basically private ,or just don’t need more money so they do not push more paper on the market .there are other reasons I am sure.
In my very uneducated opinion.....$70/share is a good price!! Take the money and run.
This company sold its' soul with the IPO.
To paraphrase a quote from Churchill........"Never have so few gained so much to the detriment of so many."
Hey........I guess that could be true for all of Wall Street...........
In my very uneducated opinion.....$70/share is a good price!! Take the money and run.
This company sold its' soul with the IPO.
To paraphrase a quote from Churchill........"Never have so few gained so much to the detriment of so many."
Hey........I guess that could be true for all of Wall Street...........