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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

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  #1  
Old 09-02-2015, 09:41 PM
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redaddiction redaddiction is offline
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Originally Posted by "W" View Post
Apple was a $700 stock and its at its low not close to high

Not quite. Apple's market cap is still the same after the split. The $100 price today is the same as the $700 price before the split valuation wise. There are more outstanding shares now than before the split.

It's not nearly the same, the stock being $100 before there was a split, and being $100 now.

Last edited by redaddiction; 09-02-2015 at 09:58 PM.
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Old 09-03-2015, 06:59 AM
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"W" "W" is offline
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Quote:
Originally Posted by redaddiction View Post
Not quite. Apple's market cap is still the same after the split. The $100 price today is the same as the $700 price before the split valuation wise. There are more outstanding shares now than before the split.

It's not nearly the same, the stock being $100 before there was a split, and being $100 now.
Just remember I told u so



I'll see u at $200 soon
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