guidance has been tepid at best, economy still sputtering, powder keg in the Middle East, and usual talking heads are bullish. Seems like a bear's dream to me!
Granted, but I still do not think I would want to cut my stock price in half in a bear market. I would avoid any possibility of becoming a NASDAQ "single digit midget".:eek:
yes, AAA, you would definitely not be bottom picking by buying here. We are towards the end of a bull move in the major indexes and valuations are still too high for value investors, and there isn't any growth for growth investors.
geeezus.. who the F splits at 50... man i can't freakin stand stock splits..... mother Fers... if i had my way i'd make the law that your stock has to trade between $50-$100... there's another stock to drop of my radar.... jeez this shit sucks... i'm not even gonna need a scanner soon.... there'll only be 1 or 2 stocks worth trading...
I agree with daniel about this stock split in MSFT. I try to trade stocks 35 and above and that's going to kill it for trading MSFT. There was absolutely no point for MSFT to split.
thats what I was thinking.......... this stock going to move/trade like a fly in molasses... why issue more shares?... scratch another stock off my list to trade with
This was the first time in my memory Microsoft made such a transparent attempt to support the stock. Is the business that bad?!?
Why split the stock at 50? Bill Gates now owns a billion shares of MSFT, meaning he just wrote himself a check for $160,000,000 a year on dividend payments alone. If Bush gets his way, it will be untaxable, too. Thats why you split a stock at 50.