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re: Visa getting roughed up today?
Posted on 8/1/13 at 11:03 am to Ace Midnight
Posted on 8/1/13 at 11:03 am to Ace Midnight
quote:
Not so far - but this is the launching point for a great investment
What the likelihood of a split?
I mean, I'm in at a minuscule 10 shares
I have LOTS of cash on hand, but don't want to tie it up, especially since I'm not the most savy investor.
1
Posted on 8/1/13 at 11:08 am to Lsut81
a split honestly does nothing, it just dilutes the share count. If you have 1 share at $180 or 2 shares at $90 your net worth hasn't changed. The higher price is better in my opinion bc it keeps volatility low. Look at how many shares of google are traded vs shares of coca cola($900 vs $40). You don't get these daytraders who swing in and buy 1000 shares of google and dump its 5 minutes later. At the rate Visa is growing $200 isn't really a big deal in a few months.
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