Thursday, August 22, 2013 5:41:00 AM
One day again last week on Most Active List, up almost 9%: from $28.XX
and after another day to $34.00...some slight pullback today already. It's this volatility which has made some traders (like you according to your posts of buy/sell) money but keeps others away.
All shareholders will get basically double their/our stock number-wise who are holding end of this month: but you think that's b/c there is a split on Sept. 16th which will render each share half-value, so if there was no double dividend, would be a lot of stockholder anger?
This is a way to keep the SAME value, not really add more? Can't decide if I should add a lot by EOMonth or will it be a wash? You seem to have been playing this stock a while.
This confusion and waiting for a dip before EOM must be why volume is so light considering the big announcement -- which mentions nothing about the split as such, just that that's when the double shares will be distributed.
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