marine2
963 posts
msg #106024
- Ignore marine2 |
4/26/2012 2:02:07 PM
Coca Cola Company will be asking its shareholders their vote of approval in splitting the stock 2 to 1. My question to anyone out here that can answer it is, they stated that the split would be for any shareholder having the shares this coming August, does that mean if I bought the shares now I would be included in the split action and get the extra shares?
|
johnpaulca
12,036 posts
msg #106027
- Ignore johnpaulca
modified |
4/26/2012 3:43:14 PM
Yes....dilution of shares are not such a good thing....imho
|
miketranz
956 posts
msg #106032
- Ignore miketranz |
4/26/2012 6:29:41 PM
Yes your shares would be included.I'm going along with John on this one.Years ago a stock split was a good thing.A high percentage of the time shortly after,the stock would go up.In this day and age,it's a coin flip.Remember,when a stock splits,you double your size (shares),but decrease your price 50% in a 2/1.Its an even trade off.The theory behind it is more investors can afford the stock so the buying pressure goes up.Not always so....
|
marine2
963 posts
msg #106036
- Ignore marine2 |
4/26/2012 11:03:54 PM
Thanks for your responses on my question. Even though you both frown on buying into companies that are splitting it just seems that with Coco Cola's successful history and popularity maybe they would be the rare company you might want to own when a split occurs. Seeing their moat they have along with their dividends they provide to which is popular again, it would seem a good bet to ride with them at the new split price. If Warren Buffet loves this company then so do I. Of course timed buying is important too relative to market conditions. Using a favorite filter from this wonderful site would provide the tool to get in at the right time. Happy investing!
|