After market is up nearly 300 on the news, now close to GOOG high of 3037. Frustratingly I cannot access pre market until 8:00 am and will miss out on a likely frenzy... At this point looking at a quick momentum trade. GOOG isn't cheap!
Ha! I wrote the following to you several years back about TSLA splitting and you jumped on me about it. As it turns out, Elon and I were right. Next up, AMZN. From 2017.... Pay special attention to that last sentence. https://elitetrader.com/et/threads/amzn.296792/page-4#post-4468512
Damn, epic vandandt, congrats on sticking it out around here! I too think GOOG will march higher. I think we have seen the low for a long time. Market has been too strong for last few days. There is money out there and it needs to find a home, and the pullback in stocks is home. GOOG with the split should go much higher IMO.
Why were you on here last few weeks on the market's going to crash train now with Calhoun and a few others ?
I thought you said you'd sit out markets they were all going to crash. You went into great detail about. Didn't you realize you were basically saying all these big IT stocks were going to crater because without that indexes are NOT going to crash this year ?
Its actually pretty smart. People want the feel of holding a lot of shares. I'd rather say I own 20 shares of Google then just 1. Plus, many brokerages dont do fractional shares, so someone may have to wait a couple thousand dollars more just to buy 1 extra share. With that I'd rather just buy more shares of another solid tech company.
Oops. I post the wrong thread, the one where I was talking to you. It was to nursebee though here: https://elitetrader.com/et/threads/tesla-2020.339221/reply?quote=5193661
Don't most brokers now offer fractional shares? I don't see the need? I guess it's good marketing though, entice more sales for something that's still highly over-priced. There may come a time, they will have to reverse this decision