Originally Posted by digitalclips
So, to be clear ... Team A would be just as happy with AAPL at that price ($2400 per share) and believe this would change absolutely nothing? That would be consistent with their belief splits are pointless after all.
In principle, yes, Team A would be just as happy. In practice, there is a comfort and convenience factor (e.g., similar to why we don't observe million dollar bills in circulation, although there are many millionaires) which, when combined with the fact that it doesn't hurt and may
allow insiders to signal something about future prospects for the company at the margin, that might make someone from Team A shrug their shoulders and go 'whatever.'
That does not, however, make Team B right.