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$70 a share...sorry ,but im excited
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<blockquote data-quote="rellek" data-source="post: 723389" data-attributes="member: 29183"><p>hello fellow UPSers. B.a. in accounting here. Any questions ask away.</p><p>Any ways this quote was taken directly from one of my finance textbooks.</p><p></p><p>" A stock split can be derived from several factors which are: that the share price is either to high, and the price is beyond prices of companies in a similar sector. However, the main motive is to make shares seem more affordable to small investors although the underlying value of the company has not changed in value"</p><p></p><p>Also small investors then buy the lowered shares because it's more affordable, which boost demand, which will put upward prices back on the shares. Just remember VALUE DOES NOT change after a split.</p><p></p><p></p><p>Just be glad UPS is not a corporation wanting a reverse split <img src="/community/styles/default/xenforo/smilies/smile.png" class="smilie" loading="lazy" alt=":)" title="Smile :)" data-shortname=":)" /></p><p></p><p></p><p>Also with Berkshire many people dont know that they allowed 1 share of A to be converted into 30 shares of B at its initiation. But that was so they didnt have to face the tax on the shares given as gifts.</p></blockquote><p></p>
[QUOTE="rellek, post: 723389, member: 29183"] hello fellow UPSers. B.a. in accounting here. Any questions ask away. Any ways this quote was taken directly from one of my finance textbooks. " A stock split can be derived from several factors which are: that the share price is either to high, and the price is beyond prices of companies in a similar sector. However, the main motive is to make shares seem more affordable to small investors although the underlying value of the company has not changed in value" Also small investors then buy the lowered shares because it's more affordable, which boost demand, which will put upward prices back on the shares. Just remember VALUE DOES NOT change after a split. Just be glad UPS is not a corporation wanting a reverse split :) Also with Berkshire many people dont know that they allowed 1 share of A to be converted into 30 shares of B at its initiation. But that was so they didnt have to face the tax on the shares given as gifts. [/QUOTE]
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$70 a share...sorry ,but im excited
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