tbul@trsvax.UUCP (08/31/84)
#N:trsvax:52900020:000:771 trsvax!tbul Aug 31 12:32:00 1984 SPLITS ------ O Should a stock be announced for a split, sell it immediately if the price rises. The price of the stock may go up as the split approaches but will probably lose all its recent gains once the split has taken place. Sell it when it goes high before the split, then buy it back after the split (when the price has declined). O Be wary of stocks in the $10 to $20 range that split. There is no good reason to split at this price since the price is low enough for most people and at this price a good market exists for the stock. They must be trying to pull a fast one. O Never buy a stock just because it is going to split or has just split. Judge the company on other criteria, such as future earnings power, and not on the split factor.