tomjet’s Activity

Sun May 25

NL

Boards Post

tomjet replied to the Apple board. 12:24 PM

Re: Why 7?

Now we're closing in on a post-split price of $87 per share. When the 7- for-1 split was announced, the post-split per-share price was about $75. To reiterate, as a purely psychological matter, the distance from $87 to $100 (or a pre-split price per [more]

Sat Apr 26

NL

Boards Post

tomjet replied to the Apple board. 4:00 PM

Re: Why 7?

They probably chose "7" calculating that the split-traded
price will be closer to 100 than 50 and thus more likely
to trend up to 100. It's simply a short hop to 100. Whereas
anything less than 7 would mean a longer hike to [more]

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