Splitsville
Every once in a while, something pops up that I know very little about ...thus, it intrigues me big time...I have said over and over, that I have no clue when it cometh to the Stock Market ...how it ticks... who and why the rich can survive in times like we are in right now. ..when, the Demos suggest that there is an upper 1% that could do a little more...it has to be these elite money mongers in the market...who else?... Anyhoo, this coming Monday...two of the giants in the stocks... Apple and Tesla are splitting ...say what?... Apple 4 to 1 , and Tesla 5-1 ...what on earth does that mean?...to entice you and I...assuming that you are not in that 1%...I'm sure not... let's use Apple as the example ...and the value of the stock right now is $500 a share...on Monday, the price will be 1/4 of that, or $125...and if I had 100 shares, I would then have 400!. ..MY value at the time would be the same...but more of youse out there, might buy it at the much lower rate...got it?...g...