Penny Players Need Not Apply is the message these recent splits convey. Most of the stocks will still trade over $100/sh even post-split.
When I started investing, decades ago, stocks would split two for one or perhaps three for one when they reached about $80. My highest priced stock now is Cintas at >$300. I haven't heard anything about that winner thinking about splitting.
If locals are so worried about "MM Games," as they're always saying, why don't they drop cheap stocks in favor of much higher priced stocks where shenanigans are harder for MMs to do?????
My most recent purchases -- three in 2018! -- were over $100 per share. And all have done well. One has doubled since then.
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Because the Good Life is Just a Pump or Two Away
