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Re: FooBarAndGrill post# 7519

Saturday, 09/19/2020 10:53:07 AM

Saturday, September 19, 2020 10:53:07 AM

Post# of 11385
all these dreams of forward splits. sure some are good but not all are created equal. forward splits can be bad once a company's growth slows down as there are way more shares outstanding and can make earnings per share look weak, then companies have to spend cash to buy back stock they would never had to do in the first place.

AMZN doesnt NEED to split, but if they do, sure, there will be a buying frenzy that will distort this market cap to unreal levels.

not sure what country you live in, but govt shutdowns have killed small business, thus permanent job losses going forward. less money in pockets equals less discretionary spending, thus AMZN stock is likely capped btwn 2700-3500 unless they buyback stock

I AM THE ROCKS OF THE ETERNAL SHORE, CRASH UPON ME AND BE BROKEN

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