Realtreaty wrote: SSSSSSSHHHHHHHHHH!!!!!!!!
It is supposed to be at 43 fter the split. Do you have those details. At its current point its still a bleeding bear!
investors were not very kin during the split and this has come to haunt them. carbacid announced a bonus of one for every two shares and a share split of five for every one.
The price for carbacid at january that year(2013) was around 120 and by middle of the year around 145 mainly due to a bull which was starting to charge that year or insider information on the coming split. The split was announced in october and the share was up all the way to 250.
If we take the right price at 130 without any cooporate action then factoring bonus and split should give you around 17 per share and a small premium for year 2014 profit
above 25 was a high premium which investors could not avoid pocketing the gain hence the continuous selling pressure which caused panic to where we are today
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope