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$70 a share...sorry ,but im excited
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<blockquote data-quote="clueless" data-source="post: 723371" data-attributes="member: 15572"><p>Actually, a stock split does not raise additional equity capital for the company, it would require a secondary offering to accomplish that.</p><p></p><p>As far as the likelihood of UPS splitting the stock at ~$70, IMO they won't think about that until the stock price holds higher levels for a prolonged period of time. The stock was trading near $90 at one point, and there was no split. In fact there have been no splits of UPS' stock since its IPO, so I don't see what would motivate them to think along those lines now. ( BTW--speaking of stocks trading at high levels and not splitting, Berkshire Hathaway A shares are trading at $115,000+ and they still haven't split.)</p></blockquote><p></p>
[QUOTE="clueless, post: 723371, member: 15572"] Actually, a stock split does not raise additional equity capital for the company, it would require a secondary offering to accomplish that. As far as the likelihood of UPS splitting the stock at ~$70, IMO they won't think about that until the stock price holds higher levels for a prolonged period of time. The stock was trading near $90 at one point, and there was no split. In fact there have been no splits of UPS' stock since its IPO, so I don't see what would motivate them to think along those lines now. ( BTW--speaking of stocks trading at high levels and not splitting, Berkshire Hathaway A shares are trading at $115,000+ and they still haven't split.) [/QUOTE]
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$70 a share...sorry ,but im excited
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