Nintendo stock is now "Super Mega Buy"

[Khuutra]

Baalzamon said:

Khuutra said:

Baalzamon said:

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.

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.

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.

It depends. I can get fractions of stock in the Bank of Montreal (and I do), but that's only because it's a special feature they only offer to people enrolled in their dividend re-investment plans. Otherwise I'm only able to buy whole stocks. I'm sure that some companies allow the purchase of stock fractions through similar methods, but I don't know how it would work otherwise.

And I tend to invest slowly, over time, in order to take advantage of price normalization. Instead of buying $10,000 in BMO stock all at once, I'd do it over the course of ten months, once a month. Price fluctuations are fairly regular, so when the stock costs more I buy less of it, and when it costs less I buy more of it - and if you do the math on it, then I actually end up with more stock at the end of the year compared to the average person who dropped $10,000 on a given day.

This Nintendo thing is one of the very, very few cases where I'd be willing to break that rule.