Don't need no Khan's, thank yew.
City Of London's the most important part. Almost like a country within a country.
==The Last Public Execution by Guillotine, 1939
==
https://rarehistoricalphotos.com/last-public-execution-guillotine-1939/
https://prussiagate.substack.com/p/1871
Cheapens the price so retail investors, like you!, can get on the gravy train and let the Big Boys out before it rolls over. Funny things happen when you design for right-of-decimal problems and assume the left side can take care of itself.
Hello, Brit.
It's not a "trick". It's called dilution, and it is very real. Total market cap ordinarily rises quite a bit after such a split. Gonna make a mess of the 0DTE crowd, especially at the risk desks.
Total Share count times single share price equals market capitalization, or Total Market Cap.
So to answer your simple sneering question, yes. Don't go all Abe Lincoln-y on me and remove any doubts I might harbor.
Take the 2 minutes, even the idiots at MSNBC got it.
Nvidia’s incredibly pricey shares are about to get much cheaper
Story by Samantha Delouya and Clare Duffy, CNN • 4h • 2 min read
"Nvidia announced a 10-for-1 stock split on Wednesday, making buying shares in the red-hot semiconductor company more accessible for individual investors.
Five years ago, an investor could have purchased Nvidia stock for less than $50 a share. But since then, the stock has exploded more than 2,500%. A single share in the company was worth $949.50 as of Wednesday’s close.
Nvidia’s (NVDA) announcement, which came in its quarterly earnings report, means that each common share will be split into 10 smaller shares, effectively cutting the price of investing in the company.
The company posted yet another quarter of strong financial results on Wednesday, as well. Nvidia reported a 262% increase in revenue and a 462% increase in profits year-over-year.
Nvidia’s post-split shares will begin trading at the market open on June 10, coming at a time when Nvidia’s stock has been on a tear, fueled by investor enthusiasm about the company’s role in artificial intelligence."
https://www.msn.com/en-us/money/other/nvidia-s-incredibly-pricey-shares-are-about-to-get-much-cheaper/ar-BB1mS78S
No, demand for the GPUs from the like of Meta , MSFT, and Google for their barns is keeping NVDA's pricing intact, as well as the actual manufacturing tool vendors from the likes of TSMC and ASML. Their customers are telling them their pricing in just right, and do not CARE what the price is. After reading their "Ada" white paper, I still think it's got a left of decimal flaw in it, simply because it's a GPU.
Now here's something of "interest", as in Shorts! Fresh squeezed Goldman sales pitching…
zerohedge
@zerohedge
Tesla and Exxon represent the two largest short positions among hedge funds: GS
https://twitter.com/zerohedge/status/1793464899215187992
TY, Bakes, if you add this, for a little clarity on the dilution, which is all I was getting at, or drop it all. The "accounting gimmick" carp could mislead someone into what they might be trading in, when you get down to real money.
^^^^^^^^^^^^^^^
Pay ~$975 now for one share, if price stays same at June split, still worth $975 in account but now have 10 shares after split. Dats all.