SignificantOwner
A Package Center Manager
Doesn't matter what price a stock goes to. UPS could go to 100 then back to 50, but if you don't take any gains, you don't make any money. A zero or negative return if you round trip the price.
As far as a split, I wouldn't like to see that. I would rather see more buybacks. A buyback would help shareholder value. A 2 for 1 split would turn about a billion outstanding share into 2 billion shares. So a $1 move today would equal a .50 move post split. FDX has bigger moves because there are only about 300 million shares. If there was a 500 million share buyback you are looking at a $140 stock at todays valuation. $210 if you cut the outstanding shares down to the fdx level.
We just might do some more buybacks since the stock is back up in the $70 dollar range where we like to buy it.