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Re: igotthemojo post# 46913

Sunday, 08/05/2012 9:30:22 AM

Sunday, August 05, 2012 9:30:22 AM

Post# of 278187
Mojo,
You state, "the stock did essentially nothing for over a year after the split...but it eventually did go up with news...as it would have with or without the f/s..."

I have found over these long years fighting the market that when a company does a 2,3,or 4 for one split, that it usually goes down a bit or basically stays the same AFTER THE SPLIT.

If you look at Coca Cola (KO), a stock I had for about fifteen years, it had two 2x1 splits. I started out with 250 shares, and I ended up with 1,000. However, for almost six years, the stock sat in the mid 40's and went nowhere. Then, all of a sudden, around the seventh year, it took off from the mid 40's to where it is today, in the low 80's. Now, they declared another 2x1 split.

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