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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
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Bitcoin
57,908.91
(
2.22%
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Post# of 45771
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Crow3

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Crow3

Re: pennstreet post# 38402

Friday, 08/24/2012 12:12:32 PM

Friday, August 24, 2012 12:12:32 PM

Post# of 45771
The SP is determined by the trading...to state the obvious.

What you cited is NOT a law. It is merely guidence from the SEC.
The INTRINSIC VALUE is unchanged by the split. Not necessarily the SP.

THE SEC DOES NOT SET SHARE PRICES!!!1`

A reverse split will result in an increease in SP if and only if people are willing to pay more..and does so.

On the OTHER HAND...but you know..all that..

You just wanta split some hairs today..and this is supposed to be your LUCKY DAY!

Ole Crowe

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