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re: Selling APPLE ?

Posted on 8/17/12 at 11:22 am to
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/17/12 at 11:22 am to
quote:

anyone else seeing some chatter about apple doing some apple splits in maybe the next 6 months. You know whats better than 100 apples? 600 apples!


I heard something about this.

I read that because Kraft is spliting its grocery business off, it is not strong enough to stay on the Dow. Apple would be a viable replacement but due to Apple's $600+ share price, it would make up 25% of the index's value. The article said that a 10:1 split would put apple at the right price to be added to the Dow.

LINK
Posted by Chad504boy
4 posts
Member since Feb 2005
167136 posts
Posted on 8/17/12 at 11:25 am to
quote:

The article said that a 10:1 split would put apple at the right price to be added to the Dow.


damn... that's a lotta damn apples.
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