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re: Who's picking up Apple when it splits?

Posted on 8/14/20 at 2:07 pm to
Posted by tigersfan1989
Baton Rouge
Member since Oct 2018
1265 posts
Posted on 8/14/20 at 2:07 pm to
Bought some last week
Posted by IbalLSUfaninVA
Alexandria
Member since Jul 2008
3537 posts
Posted on 8/14/20 at 2:25 pm to
I already in.
Posted by MSTiger33
Member since Oct 2007
21433 posts
Posted on 8/14/20 at 2:58 pm to
I started buying it in my HSA and will keep buying it for as long as possible. Very curious to see how this plays out.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82042 posts
Posted on 8/14/20 at 3:36 pm to
quote:

I don't think that biology has anything to do with it, but I agree with your point.

Lol damn autocorrect
Posted by TigerDeBaiter
Member since Dec 2010
10656 posts
Posted on 8/14/20 at 5:35 pm to
quote:

No, correct term. The value is the same.


I mean, technically correct, but in the age of fractional share availability, it is beyond a moot point. The cost is whatever you want to invest into Apple.

Whether it’s 2 shares at $115 or 1/2 of share at $460 is essentially irrelevant. One would assume the total cost is a fixed dollar amount that one determines in terms of making an entry.

This thread is so dumb.
Posted by buckeye_vol
Member since Jul 2014
35373 posts
Posted on 8/14/20 at 6:15 pm to
quote:

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?
You can buy it for as little $1 almost immediately since Robinhood, M1 Finance, Fidelity, Interactive Brokers, etc. offer fractional shares, although the minimum investment per stock/etf or per deposit may vary.

In other words, there is no need to wait to invest based on the ability to buy of 1 whole share.
Posted by cgrand
HAMMOND
Member since Oct 2009
46393 posts
Posted on 8/14/20 at 6:28 pm to
quote:

This thread is so dumb.

most retail investors gravitate towards lower priced stocks.
just look at most of the threads on this board

it makes no sense whatsoever but the reality is that retailers will buy apple at 115 when they wouldn’t buy it at 460. Dumb yes but reality nonetheless
Posted by RedlandsTiger
Greenwell Springs, LA
Member since Jan 2008
3122 posts
Posted on 8/14/20 at 7:13 pm to
quote:

I wonder if brk.a did a 3000:1 split if any of you would buy. Why didn't you buy before?


Duh, It exists with BRK.B

F*** Buffet, He sits on billions of cash and pays no dividend. That stock sucks.
Posted by TheIndulger
Member since Sep 2011
19305 posts
Posted on 8/15/20 at 1:20 pm to
quote:

This thread is so dumb.


This is par for the course for the OP
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53047 posts
Posted on 8/15/20 at 1:25 pm to
I've owned Apple since a few days after the last split. I'm going to continue riding this wave.
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 8/15/20 at 1:36 pm to
Bought a September 450 call yesterday when the stock was at 453. I guess when it splits and goes to 100+ the call will lose all of its value since there’s no chance it gets back to 450 by Sept 18.
Posted by bass
Member since Oct 2016
4671 posts
Posted on 8/16/20 at 10:41 am to
This stock is going to shoot up like crazy by the end of the week, better to get in now IMO
Posted by bass
Member since Oct 2016
4671 posts
Posted on 8/16/20 at 10:46 am to
Nope, the value will be “adjusted”
Posted by iruntings
Member since Aug 2020
2 posts
Posted on 8/16/20 at 11:20 am to


Anyone think AAPL will drop down below $400 anytime this year. I want to get in longterm but I feel like buying in now might be at the top. I'd rather wait for a lower price..
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53047 posts
Posted on 8/16/20 at 11:40 am to
It's definitely going to drop below that in 2 weeks.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32682 posts
Posted on 8/16/20 at 1:42 pm to
Fractional shares aren’t on every platform though
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32682 posts
Posted on 8/16/20 at 1:43 pm to
August 31 it will drop well below $400
Posted by Got Heeem
Georgia
Member since Sep 2012
3631 posts
Posted on 8/16/20 at 2:07 pm to
lol yep. I'm holding AAPL for a while.
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 8/16/20 at 2:28 pm to
I was joking. I’m screwing with the people who are considering buying Apple now that it’s “cheaper”
Posted by Blackhawk 17
Spring Hill , Arkansas
Member since Aug 2020
21 posts
Posted on 8/21/20 at 12:45 pm to
Sure will!
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