Google Stock Split

[Adower]

Does this mean you have to be in it already to get in at split?

Or just to be a part of split

You have to own any shares of google prior to July 1st. Whatever you own prior to July 1st will then be split 20:1.

After the 15th, anyone can buy and it will be at the lower price.

Also just because it is splitting does not mean you're making money. For example

1 Share = $2,000
If it splits 20:1
You'll have 20 shares @ 100$

You still have $2000 invested.

If you look @ Tesla which split either 2020 or last year. A share went from ~3K to 400$ and is already back at around 900$ or so.

 

[Klaus]

Ok, let's revisit this two weeks from split and see if that holds true.

The benefit would occur at the announcement not when the split occurs. It is already fully priced in when it occurs because guys like me that run huge amounts of institutional capital understand this.

See also:
Share price after dividend announcement
Share price after merger announcement
Share price after index rebalancing
etc
etc

 

[Crimson2v]

Any benefit to share price performance would occur on the announcement not when the split occurs.

Sounds like it.

 

[CompOrange04GT]

You have to own any shares of google prior to July 1st. Whatever you own prior to July 1st will then be split 20:1.

After the 15th, anyone can buy and it will be at the lower price.

That’s what I assumed I was apart of the NAKD split and got ****ed on that one lol

 

[quad]

I think you took my question very defensively toward Crypto vs normal stocks.

I was purely curious.



No, you can buy at the split.

I think so.

And I acknowledged that the price would tank, as would any asset where a large holder cashes out. Would it break Shiba? No. But the price would correct downwards massively.

 

[Adower]

The benefit would occur at the announcement not when the split occurs. It is already fully priced in when it occurs because guys like me that run huge amounts of institutional capital understand this.

See also:
Share price after dividend announcement
Share price after merger announcement
Share price after index rebalancing
etc
etc

Yes, I agree. However, I believe that once a stock is up to $3K per share like google its tough to see it keep climbing. If it drops down to 150$ I feel like it can surge again.

 

[quad]

absolutely… I’m thinking of putting it allllll into it.

At the end of the day.. unfortunately google is lord overseer…. Sooooo

For now. The younger generation prefer crypto over stocks and gold. Per Vitalik Buterin - gold is lame lol! I half joked about profiting off the social media platforms by investing in them. But now I am thinking **** them. I'd rather put my money somewhere else than support them by buying their stocks. Cryptos are more risky at the moment I agree. But with more risk comes the possibility of greater reward.

That being said I am sure you'll do well buying some google stock.

“Gold is lame,” Vitalik Buterin says in 2020 endnote By BTC Peers

“Gold is lame,” Vitalik Buterin says in 2020 endnote

www.investing.com

Crypto is 'the future of finance’: Why Gen Z is ditching traditional investments—but with caution

Here's a look at why Gen Z and young millennial investors are building portfolios of cryptocurrency and meme stocks.

www.cnbc.com

 

[Adower]

For now. The younger generation prefer crypto over stocks and gold. Per Vitalik Buterin - gold is lame lol! I half joked about profiting off the social media platforms by investing in them. But now I am thinking **** them. I'd rather put my money somewhere else than support them by buying their stocks. Cryptos are more risky at the moment I agree. But with more risk comes the possibility of greater reward.

That being said I am sure you'll do well buying some google stock.

“Gold is lame,” Vitalik Buterin says in 2020 endnote By BTC Peers

“Gold is lame,” Vitalik Buterin says in 2020 endnote

www.investing.com

Crypto is 'the future of finance’: Why Gen Z is ditching traditional investments—but with caution

Here's a look at why Gen Z and young millennial investors are building portfolios of cryptocurrency and meme stocks.

www.cnbc.com

I'm too old to understand crypto lol.

 

[quad]

Yes, I agree. However, I believe that once a stock is up to $3K per share like google its tough to see it keep climbing. If it drops down to 150$ I feel like it can surge again.

Except Bitcoin. $3000 BTC now looks cheap compared to $40,000 BTC lol!

But I agree splitting stock is a nice way for companies to get more investors onboard.

 

[quad]

I'm too old to understand crypto lol.

You don't have to understand it all. Some people buy Google stock and probably can't turn on a computer. Do you know everything about the companies you invest in?

Here is a simple video that explains the basics of a blockchain.

 

[Adower]

Except Bitcoin. $3000 BTC now looks cheap compared to $40,000 BTC lol!

But I agree splitting stock is a nice way for companies to get more investors onboard.

Agree. I don't follow BTC, but I feel like at 40K BTC your average joe isn't buying it. Shoot at 3K per google share I wasn't even touching it lol.

 

[quad]

Any benefit to share price performance would occur on the announcement not when the split occurs.

Don't you think the price will pump from now until before the split as people rush to get more shares before the July 1st deadline?

 

[quad]

Agree. I don't follow BTC, but I feel like at 40K BTC your average joe isn't buying it. Shoot at 3K per google share I wasn't even touching it lol.

Some people dollar cost average into BTC. They buy $50 worth per week.

I spent around $12,500 cash in 2017-2018 to buy into some cryptos.

Since then I have been dollar cost averaging into Ethereum by mining it. I pay an electrical bill and the house is heated by the rigs. In turn I receive Ethereum payouts into my Coinbase account. But the payments could be made to any Ethereum wallet.

Initially it cost less than $150 in electrical usage to earn 1 Ethereum. Now the cost is about $1300-1400 in electrical usage to earn 1 Ethereum - it fluctuates though and depends on local electrical rates. Ours are on the high side. Commercial rates are also less than residential. But the rigs heat the house so our natural gas usage is lower since the furnace does not have to run as much. I am probably doing better than $1300 per Ethereum when the heating factor is added into the equation. I would say around $1000-1100 per Ethereum in my case.

However that's still over half off the price of buying Ethereum on an exchange.

I used a few wallets over the years but eventually settled on my Coinbase wallet. I also have crypto holdings at Binance where I will make a trade occasionally. And I will have to pay capital gains taxes this year on those trades.

 

[13COBRA]

The benefit would occur at the announcement not when the split occurs. It is already fully priced in when it occurs because guys like me that run huge amounts of institutional capital understand this.

See also:
Share price after dividend announcement
Share price after merger announcement
Share price after index rebalancing
etc
etc

Klaus,

When I say a lower stock price brings more people to the plate...I'm not talking about people like you.

I'm talking about the people that aren't as educated on stock trading and they see Google shares at $XXX per, and decide they want to jump in.

 

[Klaus]

Don't you think the price will pump from now until before the split as people rush to get more shares before the July 1st deadline?

No. That already happened. Here is GOOG vs. S&P Tech over the last 5 days. Black is GOOG, blue is S&P tech sector. That pop is the announcement. Share prices respond to announcement of the event not the event itself. All that will happen on the day of the split is that the share price will be divided by 20. Thats it.

Here is the same graph over 5 years. If you would have invested $1 in GOOG you would have $2.58. If you bought an S&P tech sector ETF you would have $2.32. LMFAO if you think it is going up 10x in the first week @13COBRA considering it is only up 2x in 5 years in the craziest market in our lifetime.

 

[Klaus]

Klaus,

When I say a lower stock price brings more people to the plate...I'm not talking about people like you.

I'm talking about the people that aren't as educated on stock trading and they see Google shares at $XXX per, and decide they want to jump in.

Most brokerages already allow for fractional share purchase. Price is not a hindrance to share purchase.

Best Brokers For Fractional Share Investing In April 2024 | Bankrate

Fractional share investing allows investors to purchase a stock or ETF with almost any amount of money rather than needing to have enough cash to buy a full share.

www.bankrate.com

 

[13COBRA]

Most brokerages already allow for fractional share purchase. Price is not a hindrance to share purchase.

View attachment 1736723

Best Brokers For Fractional Share Investing In April 2024 | Bankrate

Fractional share investing allows investors to purchase a stock or ETF with almost any amount of money rather than needing to have enough cash to buy a full share.

www.bankrate.com

Ok. We'll see in July!

I'll be the first to admit saying it would 10x in a week was lofty. I do think the yield will be more than it would be before the split. Time will tell. I have no problem being wrong.

 

[Fat Boss]

Yes, I agree. However, I believe that once a stock is up to $3K per share like google its tough to see it keep climbing. If it drops down to 150$ I feel like it can surge again.

See exhibit "A" for how stocks can and do go above prices like $3k. Berkshire Hathaway.

bershire hathaway stock chart - Google Search

 

[Adower]

See exhibit "A" for how stocks can and do go above prices like $3k. Berkshire Hathaway.

bershire hathaway stock chart - Google Search

Yes, but how many stocks make it to that level. Also, Buffet has also pushed this stock to that level. He wants the price high so it only attracts long term buyers/holders.

 

[MassCobra]

I've been looking to jump into the market and this looks like the one.