Big News This Week

[anonymous]

We are in for some big news this week. Abbvie will announce a 2;1 stock split. Split price will be approximately $62-$63 per share. Congrats to all who hold a large amount of shares. While the losers are waiting for a $1000 bonus from tax reform, we have been given something worth so much more.

 

[anonymous]

A 2-1 split is out of the question. It won't happen this week or this year.

 

[anonymous]

There's no need to increase number of outstanding shares to decrease stock. Market capitalization and company value won't change. We don't need small investors to bite on a cheaper price ad there will be little liquidity in the market. Ain't gonna happen BANK IT !

 

[anonymous]

It would be a beautiful thing if it were true. Based on current $123 price if it did indeed split, I would expect no less than $70-$72 share price coming out of the gate.

 

[anonymous]

Doubt it will happen that soon, but it could. Remember it has to first be approved by the BOD. Don't see that in short term. Have they scheduled a meeting within next 30 days?


There is also the unintended behavior of the day traders and small guy investors... ..when you lower the share price (by a split} many use the 'dump load' option (ie in program trading) and sell off. That has the undesired effect of actually lowering share price.

 

[anonymous]

Won’t matter Sun Pharma in the house

 

[anonymous]

Won’t matter Sun Pharma in the house

The shithouse.

 

[anonymous]

We are in for some big news this week. Abbvie will announce a 2;1 stock split. Split price will be approximately $62-$63 per share. Congrats to all who hold a large amount of shares. While the losers are waiting for a $1000 bonus from tax reform, we have been given something worth so much more.

So someone struggling, gets a grand that is desperatly needed and they are a loser ?
Abbvie employees have got NOTHING yet, so what's the "something worth so much more" ?
Let's watch your "big news" turn into fake news by closing bell on Friday

NO SPLIT 4 U