your kidding, right? a .01 move on a .05 stock is a 20% increase. a .01 move on a 1.25 stock is a 0.8% increase. Don't people know that a stocksplit an either direction has no bearing on the stock itself. Its a relative number. The only thing that is of concern here is dilution. How and why they dilute a stock is what is important. And that pesky preferred share thing. glta, g