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Posts by melgross

Actually, I'm disappointed. It started out well moving up about $4.50 quickly. But as the market slumped early, it never recovered, even though the market picked up again. The Nasdaq closed up around 1%. I expected Apple to track around that, and break $650 in closing. Came pretty close early on.
Order size is part of that.
You're lucky. I know of cases where people put orders in for a few shares and waited for an hour before it went thought. They had to buy at market to do that too.
When it comes to something like that, it's more a question of who is willing to buy one share, rather than someone willing to sell one. That's why there are companies you can go to to buy one share (and get the certificate).
I suppose I should look at what they have to say about it.Ok, looked. It gives the very basics, plus a little boiler plate at the bottom about availability.
Ever since Apple first went north of $400 billion the question of them hitting $1 trillion has been discussed on the financial pages. It's harder now with all the buybacks.But one guy, after an entire article as to why Apple would NEVER hit it, ended up concluding that it couldn't be done because it hadn't been done. In other words, because no company had ever hit a trillion, Apple couldn't either. A terrible argument. A really, really dumb argument.
Not always easy to buy one share.
I would hope that most owners of the stock would know about the split by now. The touchy point is for those who check after hour trading, and see that the stock has been suspended.Heh. I hardly ever read anything from them. Never anything of use to me.
My broker just called me to let me knowWhen I said it was complicated, I didn't just mean the cost of the trade. I meant that as even lots are easier to sell, they sell just a few milliseconds quicker. Or sometimes seconds quicker, or even tens of seconds quicker. That can mean a few pennies on the sale, or buy. If you put in a lot of, say 76 shares, it will linger longer than if you put one in at 50 or 100. All these trades are being do e electronically, and the sell...
Normally, I don't pay much attention to this, but with all the hoopla going around since it's a 7:1 split, I've been reading a lot of articles in the financial press about it. When discussing small investors, the conclusions are that it makes a stock more variable. Think of day traders, as an example. They will trade on small gains and losses, as that's what day trading is all about.Remember that just a very small percentage of a stock is traded openly every day. For...
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