• Wall Street Playbook
    Why 3M Is Heading To $150 $MMM http://seekingalpha.com/a/1a8x1
    4/23/14
    Reply (5)
    • bd4uandu: I wish it would split ...
      4/23/14
    • 1980XLS: Stock splits reduce option returns. Also requires more contract commissions to hedge position. No Idea why anybody would ever want a split
      4/23/14
    • 1980XLS: Splits have zero fundamental value, only a short term, psychological meaning. Increases trading and hedging costs.
      4/23/14
    • bd4uandu: I know what you are saying but I am holding MMM in long term DRIP and I got the psychological meaning thing going on.
      4/23/14
    • bd4uandu: They seem to split it if it's over a hundred bucks for an extended period.
      4/23/14