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Who's picking up Apple when it splits?
Posted on 8/14/20 at 9:50 am
Posted on 8/14/20 at 9:50 am
I'm thinking of purchasing some. Surely that's a good long-term buy?
Posted on 8/14/20 at 9:52 am to TDsngumbo
Why are you waiting on the split?
Posted on 8/14/20 at 9:53 am to TDsngumbo
I just picked up two pre-split. I think it’s gonna get bought heavy when it does hit so wanted to get in before
Posted on 8/14/20 at 9:54 am to stout
No real specific reason. I realize it's 6 one way and half a dozen the other but I'm just lazy, honestly. I'll transfer some money next week to get it ready to dump into it when the split happens. Do you think it'll rise significantly before the split?
Posted on 8/14/20 at 9:55 am to TDsngumbo
Just get in today if you have the money. No need to wait for the split is the point
Posted on 8/14/20 at 10:05 am to TDsngumbo
... and this my friends is the reason for stock splits. All of a sudden it's affordable! #optics
To answer your question as a long term AAPL holder, feel free to buy buy buy.
To answer your question as a long term AAPL holder, feel free to buy buy buy.
Posted on 8/14/20 at 12:16 pm to TigeRoots
It’s amazing how uneducated the general public is about investing. Crazy that splits actually drive demand
Posted on 8/14/20 at 12:18 pm to TigerTatorTots
quote:I don't think it's crazy. Apple wouldn't split if they didn't see an advantage in doing so. Right?
Crazy that splits actually drive demand
It's never a guarantee, but some people would get in at $120 as opposed to sitting out at $460.
Posted on 8/14/20 at 12:19 pm to TigerTatorTots
You make 6x as much money baw
Posted on 8/14/20 at 12:19 pm to TigerTatorTots
quote:
It’s amazing how uneducated the general public is about investing. Crazy that splits actually drive demand
It's also possible many seasoned investors know this, and trade accordingly on the news and the actual split. Why else would a company do this? There are a few reasons, but the main one is to make the stock more attractive to retail investors. It's pure psychology at it's finest.
Posted on 8/14/20 at 12:42 pm to skewbs
Which is the whole point of the thread... smart money would buy before the split and sell after. Not wait until after the run up and buy post split like OP suggested.
Long term it is meaningless. But short term we probably will (and have already honestly) see a bump from the split announcement.
Long term it is meaningless. But short term we probably will (and have already honestly) see a bump from the split announcement.
Posted on 8/14/20 at 12:43 pm to TDsngumbo
for what should be considered a complete non event, this apple split has created a lot of threads on this board.
Posted on 8/14/20 at 12:49 pm to TigerTatorTots
quote:
It’s amazing how uneducated the general public is about investing. Crazy that splits actually drive demand
While I agree with the first statement, investing/personal finance should be taught at least in high school, is the second really ‘crazy’?
A spilt lowers the entry cost to someone who couldn’t normally get in at the presplit price. I’ve never heard of opening accessibility to not drive initial demand of anything.
I mean, there is a reason all of these trading platforms are offering ‘slices’ of shares now. And while the slices are the same as the split shares, the uneducated general public doesn’t know the difference.
Posted on 8/14/20 at 1:05 pm to Stiles
Oh yea I completely agree, y’all are making my point. It’s all physiological which is the crazy part to me. Surely companies do this bc they know uneducated investors eat it up....which brings in the smart money early bc they also know retail investors will jump in. It all goes back to the crazy part being that people actually think it’s “cheaper” or getting in now they will get more shares and somehow that means more value.
Posted on 8/14/20 at 1:08 pm to Stiles
quote:wrong term. The cost is the same
A spilt lowers the entry cost
Posted on 8/14/20 at 1:24 pm to castorinho
quote:
wrong term. The cost is the same
No, correct term. The value is the same.
Posted on 8/14/20 at 1:30 pm to TDsngumbo
Everyone here hating on purchasing at the split
I wonder if brk.a did a 3000:1 split if any of you would buy. Why didn't you buy before?
I wonder if brk.a did a 3000:1 split if any of you would buy. Why didn't you buy before?
Posted on 8/14/20 at 1:45 pm to LSU6262
quote:
I wonder if brk.a did a 3000:1 split if any of you would buy. Why didn't you buy before?
I’m sure the op of this thread was planning on spending more than $450 or whatever apple is trading at pre split
Threads like these make me glad to own it
Posted on 8/14/20 at 1:49 pm to TigerTatorTots
quote:
It’s all physiological which is the crazy part to me.
I don't think that biology has anything to do with it, but I agree with your point.
Posted on 8/14/20 at 1:50 pm to TigerTatorTots
Well if a stock at 400+ splits 4 ways, I can buy it for just over 100 then it will be worth 400 again almost immediately... right?
This post was edited on 8/14/20 at 1:51 pm
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