Khuutra said:
Baalzamon said:
TruckOSaurus said:
pezus said:
Super Mega Buy? Uh, how about no lol
They're basing that on wild speculation and even say it's above Apple...right
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Apple's stock is already very high, which is why the potential for growth is lower than Nintendo's.
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The price of a stock in all reality has absolutely nothing to do with whether a stock can grow more or not. Apple has simply chosen not to do all sorts of splits throughout the days to keep their stock price down (which I still don't get the point of). Nothing restricts Apples stock from going to 600 anymore than something limits Nintendo from going up to 20.
Warren Buffets stock, last I checked, actually has a price of like 19,000 or 20,000.
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Stock splitting is actually super neat in that it lets more and smaller investors (like me) jump onto the good ship Investment. I couldn't buy a reasonable amount of Apple stock even if I wanted to.
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For smaller investors, but if somebody is going to invest, say $5000 in a stock, it generally isn't going to be a big difference whether the stock is $200 or $20. I'm not particular knowledgeable on the subject, but it MIGHT even be possible in some instances to purchase fractions of a stock.
