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Re: MikeBK205 post# 2293

Monday, 04/03/2017 9:54:19 PM

Monday, April 03, 2017 9:54:19 PM

Post# of 11580
You continue to relate "overpriced" to a need for a split.

Let's say that you think a certain company that has 10 million shares outstanding at a share-price of $800 is overpriced. Do you think that this company would be priced differently after a 40:1 split leaves it with a share-price of $20 (even though the resulting number of shares outstanding -- 400 million -- would have the market continuing to capitalize the value of the company at $8 billion?





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