Replies to post #480787 on Tornado Alley (PROG)

[fuagf]

Did you get into Apple before or after their forward split.

"I got into apple when they did their forward split and have done pretty good since. I'm definitely not a trader,
I'm just a buy and hold type of guy and I most definitely cannot offer any investment advice
but there have been others that I've been more than happy with too.. "

Just wondering, i remember some from my dalliance in stocks about 2004-7 the forward splits

* A split improves the tradeability of a stock which reduces the company’s cost of capital,
positively affecting its fundamentals and pushing its valuation higher.
https://finimize.com/content/why-stocks-beat-the-market-after-a-split-and-how-you-can-profit-from-it

I took Zorax's as a wary opinion and, as always, worthy. Yours good opinion too, yes, more optimistic.

Not interested in getting into the market again, i enjoy not having to bother about a tax return,

[Zorax]

Zorax is the ultimate pessimist and I like him for that but sometimes you have to look at the half full glass before you start seeing it as half empty.

I have to disagree with your assessment of my trading experience. What you mistake my being a realist as pessimistic is where you probably lose most your money since you're not a trader.

Here's some realist reasons. A forward split doesn't benefit retail it dilutes the share value.
One of the other reasons is a 'legit' company like nvidia also does a forward split because they've reached a fake top and know that the company can't support the artificial, speculated pps and dilution reduces the stock price. So they say it's so people can buy cheaper shares. The company knows their conditions and immediate abilities to produce may not justify the present pps and this is what real fundamentals may show. Big money doesn't trade only on MC, they look at production and market share.

Perhaps they have an announcement coming next week that they didn't match production and mid year estimates which they know would also drop the price or cause a run.

Don't believe everything a CEO says either...it's called being cautious and realistic.

“The next industrial revolution has begun — companies and countries are partnering with NVIDIA to shift the trillion-dollar traditional data centers to accelerated computing and build a new type of data center — AI factories — to produce a new commodity: artificial intelligence,” said Jensen Huang, founder and CEO of NVIDIA. “AI will bring significant productivity gains to nearly every industry and help companies be more cost- and energy-efficient, while expanding revenue opportunities.