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Covingtontiger77
USA Fan
MAGA USA
Member since Dec 2015
7952 posts

APPLE SPLITTING! What’s the play?
Just announced


4-1
This post was edited on 7/30 at 3:41 pm


castorinho
Oklahoma Fan
13623 posts
Member since Nov 2010
68348 posts
 Online 

re: APPLE SPLITTING! What’s the play?
quote:

What’s the play?
what do you mean

Eta: in theory more retail investors will gave access to the stock, which may drive the price up a bit. But with fractional shares already a thing il not sure how much of a short term play there is here.

The company itself hasn't changed.
This post was edited on 7/30 at 3:45 pm


iAmBatman
USA Fan
The Batcave
Member since Mar 2011
10354 posts

re: APPLE SPLITTING! What’s the play?
Stock splits are a non event...the economics of Apple are unchanged with this announcement.


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170
Covingtontiger77
USA Fan
MAGA USA
Member since Dec 2015
7952 posts

re: APPLE SPLITTING! What’s the play?
Can you buy tomorrow and take advantage of the split?


They are thinking price after split may be around $100 a share.

Do you load up at that price?


JOJO Hammer
Nicholls St. Fan
Up your butt and to the left
Member since Nov 2010
10398 posts

re: APPLE SPLITTING! What’s the play?
What’s the date of the split?


eazyeric23
LSU Fan
Northshore
Member since Dec 2009
310 posts

re: APPLE SPLITTING! What’s the play?
August 24


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iAmBatman
USA Fan
The Batcave
Member since Mar 2011
10354 posts

re: APPLE SPLITTING! What’s the play?
The split is effective 8/24.

The price will literally be 1/4 of whatever it is on that day.
This post was edited on 7/30 at 3:51 pm


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180
ODP
New Orleans Saints Fan
LA
Member since Oct 2015
1031 posts

re: APPLE SPLITTING! What’s the play?
The play is the same as before...


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40
BuzzSaw 12
Georgia Tech Fan
The ATL
Member since Dec 2010
1986 posts

re: APPLE SPLITTING! What’s the play?
Obviously the company is worth the same however the split will make the stock more affordable in the minds of many investors. Especially the Robinhood traders. I expect it to jump after the split. Possibly as much as 10-20% depending on how much it runs up prior to the split.


Dandaman
LSU Fan
Louisiana
Member since May 2017
237 posts
 Online 

re: APPLE SPLITTING! What’s the play?
Basically a 4 for 1 sale.


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018
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BamaAlum02
Alabama Fan
Huntsville, AL
Member since Nov 2005
671 posts

re: APPLE SPLITTING! What’s the play?
Surprised Tesla hasn't announced a split. If they got back to around $100 the Robinhooders would be all over it.


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141
Rendevoustavern
LSU Fan
First floor Ourso
Member since May 2018
580 posts

re: APPLE SPLITTING! What’s the play?
They had a 7:1 split back in 2014.

I think Tesla and/or Amazon should split before Apple. Not sure the reasoning for apple to do this unless they are wanting more trade volume or retail investors


wutangfinancial
LSU Fan
Dallas, TX
Member since Sep 2015
4083 posts

re: APPLE SPLITTING! What’s the play?
Buy more fractional shares on Robinhood!


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PUB
New Orleans
Member since Sep 2017
4921 posts

re: APPLE SPLITTING! What’s the play?
Apple will jump 50% before the end of 2021. Might double again.


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40
BuzzSaw 12
Georgia Tech Fan
The ATL
Member since Dec 2010
1986 posts

re: APPLE SPLITTING! What’s the play?
It was stated on CNBC that they want the stock to be more affordable to the retail investor.


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12
frogtown
Georgia Fan
Member since Aug 2017
583 posts

re: APPLE SPLITTING! What’s the play?
quote:

Obviously the company is worth the same however the split will make the stock more affordable in the minds of many investors. Especially the Robinhood traders. I expect it to jump after the split. Possibly as much as 10-20% depending on how much it runs up prior to the split.




dude it is time to sell the AAPL. It will be one of the greatest decisions of your lifetime. Almost as great as the time you decided to get the mullet cut in high school. That was great.


fallguy_1978
LSU Fan
Half mile from St George
Member since Feb 2018
26616 posts

re: APPLE SPLITTING! What’s the play?
quote:

They had a 7:1 split back in 2014.

I've owned it since a few days after the split.


ynlvr
LSU Fan
Gulf Coast
Member since Feb 2009
3286 posts

re: APPLE SPLITTING! What’s the play?
quote:

dude it is time to sell the AAPL

Probably the only wrong answer


lostinbr
LSU Fan
Baton Rouge, LA
Member since Oct 2017
2673 posts

re: APPLE SPLITTING! What’s the play?
quote:

But with fractional shares already a thing il not sure how much of a short term play there is here.

You’re forgetting the part where Mr. Perfect’s RH army “buys the dip” after the split, though.


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60
632627
Southern Cal Fan
LA
Member since Dec 2011
10023 posts

re: APPLE SPLITTING! What’s the play?
Insane to think that Apple isn’t that far from $2t.

I remember not that long ago Apple and exxon had similar valuations.


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