Quote:
Originally Posted by penguinz
I may be wrong but you can not compare them that way. Value of a share will change as stocks are split.
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Well, that is what I am doing, changes the prices, as they 'split'.
If a stock has 1billion shares at 100, then splits 2:1 then you now have 2 billion shares worth 50. I used that same principle in getting the stocks to 1 billion.
To me, it makes sense... maybe to no one else. I don't know if its a valid gauge on stocks or not.
But, when sprint has 2.3 Billion shares at 3 bucks and ATT has 5B @ $22... it gives me a better feel instead of 3$ vs 22$.
Trying to grasp some things.