Depending on when in 2004 he would have bought it. My chart is showing between

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Jan 11, 2019
1:45:03pm

crack All-American

$1.50 and $4.50ish for 2004. It is $152ish right now.

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crack

Bio page: crack
Joined: Nov 17, 2005
Last login: May 23, 2024
Total posts: 42,506 (119 FO)

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Messages

Author

Time

How do stock splits work exactly?

Windward_Coug

1/11/19 1:31pm

This exercise will make both of you sad.

crack

1/11/19 1:33pm

What's funny is I also pleaded with him to buy Google stock that same summer

Windward_Coug

1/11/19 1:42pm

He wasn't alone. I started trading full-time in 2004. My cousins (who are all

crack

1/11/19 1:49pm

Yeah, he was probably gun shy from the tech crash.

Windward_Coug

1/11/19 1:50pm

I think it just means that you get double the shares for half the price

cougarblue

1/11/19 1:33pm

On a 2 for 1 stock split the shares you own double and the price for each share

Lance71

1/11/19 2:23pm

RE: How do stock splits work exactly?

Alister Mackenzie

1/11/19 1:34pm

<< Deleted >>

Buffalo

1/11/19 1:37pm

He would have never held onto it this long.

Baron

1/11/19 1:34pm

Almost no one I know who works for Apple has held on to any stock they received or bought before 2010

YIsForBrigham

1/11/19 1:40pm

RE: How do stock splits work exactly?

foofcoug

1/11/19 1:35pm

pretty much the gist of it.

Beggar

1/11/19 1:35pm

Yes he would have had more shares than he originally bought. However, most chart

crack

1/11/19 1:38pm

Thanks, that clears it up. So it would "only" be a 100 times increase in value.

Windward_Coug

1/11/19 1:40pm

Depending on when in 2004 he would have bought it. My chart is showing between

crack

1/11/19 1:45pm

Yes. “Only” 100 times or a 10,000% return. However you prefer to look at it.

Pimpin4Paradise

1/11/19 1:49pm

or 39% 14 year CAGR

RugbyCoug

1/11/19 2:29pm

Here's the math you don't want to think about too much b/c it will make you sad

Greg Kite's 'stache

1/11/19 1:42pm

1 share -> 2 shares -> 14 shares.

Mrs Featerbottom

1/11/19 1:46pm

Already contemplated in the $2.00 price you looked up. No adjustment needed.

RugbyCoug

1/11/19 2:08pm

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