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Pete_Y_48

02/25/10 6:04 PM

#83000 RE: TigerTrader83 #82999

I am expecting a split around 220, did not think they would do one as big as 4:1, will be interesting to see how it unfolds.

I wouldn't hold my breath. Apple doesn't have enough shares authorized for even a 2:1 split, so it's a non-starter until the board gets approval from the stockholders. Not gonna happen.

I was amazed that CNBC even voiced the rumor. Five minutes of checking and they would have know it was impossible with the current amount of authorized shares.