I'm still holding the shares from Apple's last split back in 2014 (a 7:1 split), so ... yeah. Let it continue please. Seriously, if you believe in the stock, none of it matters because you'll probably be holding it long-term. The interesting thing about Apple's split is how it will affect the DJIA since it's a price-weighted index. Last I looked, Apple was something like 10-12% of the DOW. So its movement up is part of the reason the DJIA has moved up -- or 10-12% of the reason. That's huge when you think about it since the DJIA only has 30 components of which 1 has 10-12% of the movement power. Post-split, that influence will come down. If you throw MSFT in there, something like 17% of the weighting in the DJIA was those 2 stocks. The S&P 500 won't be affected similarly since it's a market cap-weighted index and AAPL's market cap won't change post-split.
With so many more retail investors this time around, at 125 a share...it will be a lot more buying. Maybe one of the technical gurus can tell us if an upside down praying mantis is forming..
I think lots of places like Robinhood, SoFi, Fidelity, Schwab, IB, etc. have fractional shares investing, so the price of a stock shouldn't be inhibiting anybody from getting into it. Not that it isn't, but it shouldn't be. lol.
Right, I've seen some people post elsewhere not understanding the math (not here but elsewhere) and how percents work in general - so we'll probably see increase in retail trading but... With that said maybe Elon will make a cool tweet and make it exciting. I'll be interested to see, I think it'll increase as expected but this market has been crazy.
This may make things interesting... ByteDance says it will abide by tightened China export laws as TikTok sale looms https://www.cnbc.com/2020/08/31/tik...will-abide-by-amended-china-export-rules.html
Any thoughts on TRHC (appreciate views esp if you are in the health industry)? This thing is down due to covid impact on latest earnings and 2020 guidance. Long term I'm bullish as the product looks class leading (adopted by CVS), very scalable and the product category could be a winner takes all affair (smaller players will benefit by piggybacking off the same platform developed for the big customer). Market cap is still small at around $1.15bn. Company's guidance for 2021: http://ir.trhc.com/static-files/da6ebf10-1d7e-4961-bc85-4580558bab47 May need to wait till 2021 to see a turnaround, OR announcement of the "major new pharmacy win" may trigger a run up this year.
it took me much longer to capture this 3 bagger month-end re-balancing and 2 days before ERS i exited when it traded above 125, how're u doin on this one, @saitou ?
lol. I don't think it's even close. The dot com bubble was nuts compared to some of the stuff we're seeing. I think TSLA is behaving crazy, too, but they're more legit than the cluster that was so many stocks from the dot com bubble. BTW, any of you get hit by this : Popular trading platforms TD Ameritrade, Robinhood, and others faced outages early Monday as Tesla and Apple stocks split https://www.marketwatch.com/story/p...es-as-tesla-and-apple-stocks-split-2020-08-31
Very nice! Unfortunately I didn't buy calls, bought underlying at $101 after doing some re-balancing of my long term holdings. Gonna keep. With work from home, end point security is going to continue to be a major trend for a long time. My work place is already talking about permanent split teams (A team / B team) to take turns coming to work as part of risk management/business continuity, forever... AMD is also up 7% today despite no news - gonna hold this till all the major 2020 announcements (ZEN 3, RDNA 2, consoles) come out before re-evaluating. DDOG has HUGE put volume at $75 for this week; I took profit and liquidated.
Yeah, uncle Jerome has already given the greenlight, money tmr will be worth less than today. Not gonna wait on the sidelines for a dot com bubble burst that may not come.
People been saying that (myself included) since March. Thankfully I hung on to some of my March bets and rode the market up the past 6 months. That being said, I don't expect the market to crash before the election so we still got 2-3 months left before anything drastic happens imo. I fully expect Trump and the Fed to keep printing monopoly money to make himself look good for the election so that should keep things afloat.
as per the barchart.com info, 9-4-2020 wkly options for AMD are the most heavily traded today something is happening meanwhile, shortists tried to push this one down this AM, w no luck. from >$1 in the red early this AM, it has risen to be green the best possible scenario, a NBA Finals matching the top glamorous stars LeBron and Giannis; should that come to fruition AKAM may skyrocket another 10+ points
Fed Chair has been saying since 2019, and he has been doing it since 2009. he just re-affirmed his position---more liquidity towards more employment even at the risk of inflation, last Thur u do know that Trump can't print $, only the independant Fed can
TSLA is worth more than every car company in the world despite making little to no profits. Market can be irrational longer than you can be solvent, but I will argue tesla is just as mispriced as all those dotcom companies. I am not fighting Papa Elon or Powell.
