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.

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%

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See my reply to the original question.

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Uh...

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

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.

BAYRY

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.

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.

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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?

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Do you ever wonder why companies perform stock splits?