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re: CMG stock split coming 50:1
Posted on 3/19/24 at 6:38 pm to FLObserver
Posted on 3/19/24 at 6:38 pm to FLObserver
You can cut a slice of pizza up a hundred times but it’s still just one slice of pizza.
2
Posted on 3/19/24 at 8:13 pm to LSUcam7
70% avg return over 5 years. wow
Posted on 3/20/24 at 8:23 am to LSUcam7
quote:
You can cut a slice of pizza up a hundred times but it’s still just one slice of pizza.
I agree. Good analogy. Studies have shown that it’s just psychological.
With many/most brokers now offering $0 commissions on odd lots and some even fractional share purchases, you’d think most (retail) investors wouldn’t care anymore. But I guess many investors still get a special feeling by being able to own equities in 100 share lots.
The main market that I can see this affecting is the options market, since equity contracts are typically based on 100 shares.
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