reply on: MicroStrategy Announces 10-for-1 Stock Split \ stacker news ~bitcoin

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0 sats \ 10 replies \ @Zzzzzzzzzzzzzzzzzzzzzzzzz 14 Jul \ parent \ on: MicroStrategy Announces 10-for-1 Stock Split bitcoin

So even the unbluvht shares don't get split just share holders??

13 sats \ 0 replies \ @ZezzebbulTheMysterious 14 Jul

Unbought? There are no unbought shares. There are 17.74M MSTR stocks out there with an owner. Outstanding stock means stock that’s out there. Every order on an exchange is still stock owned by the person making the exchange.

All these holders have have 10 the shares and 1x the Bitcoin.

0 sats \ 0 replies \ @Bell_curve 14 Jul

Thanks for deciphering unbought

Stock dividend on August 1

Trading on split adjusted basis will commence on August 8

0 sats \ 7 replies \ @Bell_curve 14 Jul

Stock splits are common once a share price gets over $1000

14 sats \ 6 replies \ @Zzzzzzzzzzzzzzzzzzzzzzzzz 20 Jul

So if I buy 2 stocks out of the 100 it splits and I sell 4 back then how does that not add? Putting 4 into 98 ? I appreciate u explaining it so i can grasp

0 sats \ 5 replies \ @Bell_curve 20 Jul

The market cap doesn’t change.

The value of your holdings doesn’t change after a split.

To paraphrase the pizza 🍕 analogy from above, stock split represents the number of slices not the size of the pie. 🥧 pie size does not change.

21 sats \ 4 replies \ @Zzzzzzzzzzzzzzzzzzzzzzzzz 22 Jul

Gotcha gotcha idk I'm just not in favor of it but investors love it so good for them heard Warren buffets stock never split lol it's at 600k 🫠

31 sats \ 0 replies \ @ZezzebbulTheMysterious 23 Jul

Yes -- but BRK-B Class B stock is at 435.98, and has an options market. BRK-A does not. https://finance.yahoo.com/quote/BRK-B/options/

You can buy fractional shares in most brokerage accounts now, but you cannot trade fractional options. The lower the unit price, the easier it is to trade options.

0 sats \ 2 replies \ @Bell_curve 23 Jul

Are you worried about more price volatility because lower price shares attract more retail investors?

the main reason is cheaper options

I like playing with options but never with MSTR because cheapest option contract was 800 bucks or more

21 sats \ 1 reply \ @ZezzebbulTheMysterious 23 Jul

Yes more volatility due to retail, no to worried!

I’ll buy more MSTR myself, and maybe play with the cheaper options too.

Saylor won’t stop.

10 sats \ 0 replies \ @Bell_curve 23 Jul

I know you’re not worried

You must be excited as am I.

10 to 1 split means 179 dollar option contract lol

I am perplexed by our friend who still believes stock split means stock dilution