Quote:
Originally Posted by Hog's Gone Fishin
Legit question??? Why don't companies like that do a stock split to get the shares back to a reasonable price? I know percentage is percentage but most people won't buy a 5000 dollar share because that's all they have to invest.
|
I think it was Lewdog that talked about this a few pages back and it sort of made sense for me. You are essentially buying the stock for the same value no matter the price. And if someone is willing to buy Amazon for $2000 then they will buy it at $5000.