Inverse Cramer: this tells me the GameStop theory is true. Are we about to see fireworks?
(media.greatawakening.win)
🐸 OK, CRAMER! 🏳️⚧️
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Will I miss the split if I wait until Friday?
Yes but the price will be 1/4 what it is today so you can just buy four shares and it will be the same cost as buying one tomorrow or Thursday.
If the purchase doesn't go through in time you will miss the split,but buy at a much lower price.
It's kind of a wash.
So I may in fact end up with 20 shares instead of the 10 I bought today if the stock price is halved by the time my purchase is settled.
Either way, I'm just going to look at this as a long term investment. And maybe buy a couple extra from TDA tomorrow to get in on the split.
I have no idea what I'm doing but this is fun 😆🤦♀️
You already have. Ex date was yesterday.
Record date was yesterday. The broker will provide the extra shares.
My purchase order was today, but it’s showing my purchase date as 7/25 and settlement date as 7/27
That means I miss it, right?
If you bought through computershare they are delayed but if you bought through another broker that doesn’t make sense.
If you purchased a set number of shares you will just pay less. If you purchased a dollar amount then you will get more shares. For dollars spent it will end being the same price regardless of split or not so it really doesn’t matter. The important thing is that you have a future winning lottery ticket in your possession.