disolitude said:
theprof00 said:
disolitude said:
theprof00 said:
disolitude said:
Lets look at 10 year history - http://www.google.ca/finance?client=ob&q=NASDAQ:MSFT
The way I am inerpreting this is if you wanted to buy a MS share in 2001, you would have had to pay 27 dollars no? Then in 2003 your shares doubled due to 2:1 split. Today your share is worth 27 dollars, except you have twice as many...
Are you saying that the 27 dollars per share in 2001 is already adjusted down for the splits that happened? I really doubt this is how they would keep track of historical share prices... but if there is evidence to prove this, I will not argue.
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Jesus Christ dude, NO.
That is how they track historical pricing. Look up "split-adjusted". That is why at the bottom of the reports you're looking at, it says "split-adjusted".
If you KNEW what you were talking about, there wouldn't be a problem, but you don't so stop trying to correct people.
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Fair enough...sorry.
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Sorry I snapped.
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All good. I learned something...
I mean, I've never invested myself but have been watching trends and these charts after a few buddies of mine made some money investing 1000s in to 10 cent stocks which went up to 20 cents and doubled their money...lol.
Never realized that past stock price is adjusted based on todays true value like that...
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I have a friend who's into stocks too, he invests in activisino, msft, ea, and a couple others...i think a bank was one. Stocks a re scary though. I had another friend who lost 10,000 in there.
You should try a "fantasy stock" game, where you pick whatever stocks you want and allocate 10 million $ into it, and track your performance. It's quite fun.
The site I used to play on is called updown.com.