To generate a Pi moment, I've placed a good-till-cancel order to sell one AMZN share at $314.16.
This blog covers the stocks that are part of the GDT::Portfolio.
Wednesday, June 19, 2013
Will Amazon.com (AMZN) Ever Do Another Stock Split?
Amazon.com (AMZN) closed yesterday (02013.06.28) at $281.76. AMZN needs to go up $2.97 in order to hit a new 52-week. AMZN current 52-week high of $284.72 was on 02013.01.25 (i.e. almost five months ago). AMZN nearing $300 has me thinking its time for the company to execute a stock split. During the dot-com heydays of the late 1990s, AMZN split 2:1 on 01998.06.02; 3:1 on 01999.01.05; 2:1 on 01999.09.02. Stocks splits use to be a sign of bullishness, but these days--at least with respect to the stocks I follow--stock splits are a rarity.
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