Quote:
Originally Posted by stang
in 2004 our stocks split from 80 to 40.
7 months later they were back up at $80
I feel more confident in the ability of our stocks to go from $50 to $100 then for them to go from $100-$150 in the same amount of time.
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Really,
You think that your company can grow it's market cap 100% easier than it can grow it 50%.
The only thing a split does is make the stock easier to trade and yes this usually means that initially stock prices will rise, but the overall impact on the value of the company is negligable.
If a company is going to split and go from $50 back to $100,
then it would have gone from $100-150 no problem.
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