Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
  • dannydyn
    rumors of an $AAPL stock split announcement tomorrow at the board meeting.
    Feb 26, 2:25 PM
    Reply (14)
    • Noodlez: won't happen. they didn't split at 700. why now?
      Feb 26, 2:29 PM
    • monumentalgains: that would be the BEST thing to happen for shareholders....will allow the smaller investor to buy.
      Feb 26, 3:07 PM
    • barleycapital: That's a good point Noodlez. Hope not taken as desperation!
      Feb 26, 3:11 PM
    • Nefas: And lets not forget Einhorn pls...he will pull out very soon imo. And then this stock will crash. And this stock will never split.
      Feb 26, 3:34 PM
    • XRTrader: See below - the AAPL articles of incorporation only allow a 2-1 stock split. More than that and they would need shareholder vote.
      Feb 26, 5:02 PM
    • XRTrader: Nefas - Einhorn has been in since the 300s - for more than 12 months - why would he pull out now?
      Feb 26, 5:02 PM
    • Nefas: cause it isnt rly attractive anymore??
      Feb 26, 5:08 PM
    • cervajo: Nefas I am agree with XRTrader Einhorn increased 20% position 4Q 2012 plus call options. at best his average would be $510
      Feb 26, 6:02 PM
    • cervajo: In order to sell this stake the stock would need to be at least above $520 or more. So in order for that to happend AAPL needs to bounce
      Feb 26, 6:04 PM
    • XRTrader: Nefas - he stated publicly that he just started engaging management in December of 2012 - its way too soon for Einhorn to bail.
      Feb 26, 7:41 PM
    • XRTrader: This is an activist investor who accumulates a position and then pushes management hard. And has a lot of conviction in his trades
      Feb 26, 7:42 PM
    • XRTrader: He would bail after a couple months if the stock went crazy up - but his history does not suggest he would bail in a negative / flat stock.
      Feb 26, 7:42 PM
    • Noodlez: i agree with xrtrader. i don't see einhorn bailing out anytime soon. he just started to approach the aapl management.
      Feb 27, 4:26 AM
    • traderperdu: XRTrader: What Articles are you looking at? I don't see any limits on stock splits in the existing articles (restated in 2009).
      Feb 27, 5:54 AM