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Re: jessellivermore post# 9388

Saturday, 03/22/2008 7:21:52 PM

Saturday, March 22, 2008 7:21:52 PM

Post# of 19309
>After the split the price will start heading toward the same level only now you have only half as many shares;;;; do a little research.<

As a blanket statement, this is patently wrong. There have been many cases where the share price climbed after a RS; a recent thread on this board cited several examples.

Serious investors usually own a calculator and are sufficiently facile in arithmetic to know how to multiply the share price by the number of shares outstanding in order to calculate the market cap.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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