InvestorsHub Logo
Followers 222
Posts 13853
Boards Moderated 0
Alias Born 08/12/2011

Re: flaflyersfan post# 26419

Friday, 08/28/2020 9:51:55 PM

Friday, August 28, 2020 9:51:55 PM

Post# of 32145
Again...AFTER 2009 and 2012 stock splits the charts get updated to the prices AFTER the splits because shares are reduced proportionally due to stock split.

Let say I had 1000,000 shares in 2009 before split time at 0.50 price.

After split dates the charts correctly reflect the prices AFTER the split ...

It is because if I had one millions shares before the split I only have 1/5000th of them which is 200 shares right now and I should have the same amount of money in my account right before and after a split!

A chart cannot show the 0.50 price per share right now that I have only 200 shares when it was one MILLION before the splits!!!...Charts should show the after split price for the time that I had 1 million but it is now only 200 shares. I hope it makes sense.

Here is more help on stock split and how it works.

https://www.investopedia.com/terms/s/stocksplit.asp

The moment between Joker and Clown - Going from 1 cent to 3.23 and back down to 4 cents = 98% Dowm! LOL