@investingidea2 Thoughts?
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@investingidea2 Thoughts?
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I think you made a fault. You said Mark owns two stocks worth each 100$. After the Stock split he would have four stocks worth half the price (50$ each). After the stock split he has the double amount of stocks (by 2:1 ratio) which costs the half (overall cost stay the same)
If he started out with 2, he now owns 4 after the split.
So you get 2 stocks from 1
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Faulty
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Donโt let the price of a share determine if the company is cheap or not. The share price is just a nominal value, have to compare it to the total earnings or book value of a company.
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Stocks are more manipulated than crypto nowadays ๐
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