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GREENHEAD22
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LafayettebywayofBush
Member since Nov 2009
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Bayer 4-1 split, good time to pick up more?
BAYRY

Is my TD account messing up or something,how did the stock drop from $133 to $33?

Did I miss some news about a split or something?
This post was edited on 9/30 at 11:34 am


LSUSUPERSTAR
LSU Fan
TX
Member since Jan 2005
12401 posts

re: Bayer 4-1 split, good time to pick up more?
I think one is European and the other is US.


GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
11356 posts
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re: Bayer 4-1 split, good time to pick up more?
I bought the stock a while back on a tip from here when it was at 90. I checked my account today like I periodically do and it free fell from 132 to 33.


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iAmBatman
USA Fan
The Batcave
Member since Mar 2011
7153 posts

re: Bayer 4-1 split, good time to pick up more?
Maybe you shouldn’t be investing if you aren’t capable of googling “BAYRY stock split” and reading that a 4:1 split took place on 9/20

ETA: you should have also realized that the number of shares in your account is 4 times greater
This post was edited on 9/27 at 9:13 pm


GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
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re: Bayer 4-1 split, good time to pick up more?
I did a search and nothing came up except for news on the Monsanto deal.

Also my TD account hasnt adjusted for the split so all I saw was a negative 65%
This post was edited on 9/28 at 1:59 pm


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Clemmiez
Member since Sep 2017
5 posts

re: Bayer 4-1 split, good time to pick up more?
That's a rude thing to say. I've been investing for over twenty years and have held Bayer stock for 6 years. I, too was very confused by this. See my reply to the original question.


ell_13
USA Fan
Member since Apr 2013
53271 posts

re: Bayer 4-1 split, good time to pick up more?
quote:

See my reply to the original question.
quote:

1 post


Uh...


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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
5353 posts

re: Bayer 4-1 split, good time to pick up more?
quote:

See my reply to the original question.






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140
Clemmiez
Member since Sep 2017
5 posts

re: Bayer 4-1 split, good time to pick up more?
I've held Bayer for over 6 years, and I too was shocked to see it had dropped 90% overnight! I googled and searched and went directly to their investor website...and NOTHING. Total panic. My shares are actually held in Germany not the USA, but I called my US broker and though she has nothing to do with my Bayer shares, nor has any clients with Bayer shares, she was nice enough to help. She finally found this :LINK

OK, fine. Yay, nice split (though there was no recent record of other splits in recent history on the corporate website...and the stock has been higher). So, I waited a few days and checked my account. Like you, my account did not reflect the additional shares nor the new $33 or whatever the new amount was that was showing on my stock tracker or other financial sites. It still had the same amount of shares and the equivalent amount in Euros of the previous US close. I checked again last night and still the same. So, I wrote to the bank in Germany. My broker there replied that he did research and that there was no such split. He then gave me the stock ID number to look up and said that our stock trackers must be wrong, because if the stock had split - it would have split across all markets that traded it world wide. It's quite a mystery - but I think I may have solved it. Somewhere along the line when I googled "BAYRY stock split" I came across a site that said there was no such symbol - EVEN THOUGH all the stock watch sites including Yahoo and Marketwatch, etc. use that symbol and it reflects a $33.36 close today (Sept. 28, 2017). I haven't had any luck putting it in my tracker yet, but if you google BAYER stock symbol US markets you get this and the current price reflecting NO split. Also can find it under BAYER.F. Or BAYER.Z. I'm not sure how or why or if the ticker symbol changed.... I will write German broker and ask. But bottom line is that there is NO split and it's still trading around the $130 range as it was last week. LINK


GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
11356 posts
 Online 

re: Bayer 4-1 split, good time to pick up more?
Thanks for sharing that info because I haven't found anything about a split either. I will be calling TD to figure out whats going on. Definitely had a wtf moment when I saw my portfolio balance.


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Clemmiez
Member since Sep 2017
5 posts

re: Bayer 4-1 split, good time to pick up more?
Try adding BAYZF to your tracker. It came up correctly, though without any news or info on my freebie Real Time Stocks Tracker on the iPhone/pad. Yes, gave me a heart attack too lol. Will see if German broker has any explanation for it and/or possible symbol change. Question - if you're trading on a US exchange - - do you get dividends yearly (as is normal in Germany) or quarterly (as is normal in the US)? And if you get any answers to this mystery, please post. I only joined this site because your post came up in a search about the mysterious "split". Thanks!


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Libertariantiger
LSU Fan
Member since Nov 2012
782 posts

re: Bayer 4-1 split, good time to pick up more?
I'm on Fidelity and mine shows the $33.38 close price and my totals all seem adjusted. I'm too lazy to Google search, but the split looks to habe shown up and numbers updated.


GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
11356 posts
 Online 

re: Bayer 4-1 split, good time to pick up more?
Did it change the symbol?

Mine still shows my original amount of shares and the original purchase price, maybe TD Ameritrade is just taking longer to update.


Libertariantiger
LSU Fan
Member since Nov 2012
782 posts

re: Bayer 4-1 split, good time to pick up more?
BAYRY


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Clemmiez
Member since Sep 2017
5 posts

re: Bayer 4-1 split, good time to pick up more?
As I said, my shares & my broker are in Germany where Bayer is headquartered. I haven't heard back regarding the possible ticker/symbol change, but there is absolutely nothing on the company's web page about a split. You will see that the price (as of Sept. 28) is 112 Euro per share, which is approx $131.94 USD. If a company this big had split so greatly (4:1) you'd think there would be plenty of news about it not only on their own website, but in all the financial news.


GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
11356 posts
 Online 

re: Bayer 4-1 split, good time to pick up more?
So talked to TD and they were able to straighten my account out, there was a split but nothing was updating except for the current prices. My account updated and now has the correct shares and cost average.

Which brings me to my question, is now a good time to pick up more? Assuming the Monsanto deal goes through they seem poised for a good long term play.
This post was edited on 9/30 at 11:39 am


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tigerpawl
LSU Fan
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Member since Dec 2003
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re: Bayer 4-1 split, good time to pick up more?
quote:

Bayer 4-1 split, good time to pick up more?
Why is a split perceived to be a good time to buy? Never could understand that. The per share price is always adjusted accordingly after the split, and you have no more or less dollars invested in the stock as you did pre-split.

What's the difference in having 100 shares at $50 or 50 shares at $100?
This post was edited on 10/1 at 1:24 pm


GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
11356 posts
 Online 

re: Bayer 4-1 split, good time to pick up more?
Im am looking at this as a long term play, the population is only growing and the amount of farmable land is always shrinking. I can't remember the exact numbers but in 20 years we will have to feed something like close to 50% more people using only two thirds of the land we use today.

And it makes feel a whole lot better buying shares at $30 than at $115.


GREENHEAD22
LSU Fan
LafayettebywayofBush
Member since Nov 2009
11356 posts
 Online 

re: Bayer 4-1 split, good time to pick up more?
No one else is holding this stock or has thoughts on the matter?


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NOSHAU
New Orleans Saints Fan
Member since Feb 2012
3435 posts

re: Bayer 4-1 split, good time to pick up more?
quote:

Why is a split perceived to be a good time to buy? Never could understand that. The per share price is always adjusted accordingly after the split, and you have no more or less dollars invested in the stock as you did pre-split.

What's the difference in having 100 shares at $50 or 50 shares at $100?
Do you ever wonder why companies perform stock splits?


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