My company stock is up $10.00 per share-WTH?

[Oh Haha]

Our stock has been rising over the last week or so. It's up $10.00 in the past month.

Some of my co-workers were talking about it splitting soon.



Is the split going to make it more valuable?

I'm not able to purchase it yet but I will in a few weeks, I believe.

I'm not into the stock market so sorry for the simple questions.

Thanks.

[Buckterrier]

Don't know much about it but usually if it splits two for one then if you buy 100 shares @ $10.00 you'll end up with 200 shares @ $5.00 a share. So in a sense it is more valuable because it will rise again and you'll have double the amount of shares. I think also stock will split in different ways.
Better minds than mine will chime in I'm sure.

[masraum]

Well hell, why didn't you tell us it was going to do that a couple of weeks back!!!

[red-beard]

The psychology of stock is to keep it under $100 a share. The thought is that $30 stock seems like a bargin compared to $120 stock.

Berkshire Hathaway is the only one I know of that does well without splitting.

[Rich76_911s]

Stock splits add no value to your company. All it does is change the price people have to pay for a tiny sliver of it. Makes the sliver smaller and the price paid smaller, but nothing else changes.

James you can add Google to your list as well. I don't think they have ever had a stock split in admittedly a short timeframe. Although they have mentioned a desire to follow in buffets footsteps. Actually the B shares of Berkshire split big time (like 20:1 I think) when he bought burlington northern.

[Icemaster]

You're about to bought out and "rightsized."

[sailchef]

The trend seems for stocks to go up a bit just after the anouncement of a split. After the split they tend to go back to where they were before the announcement.

[krystar]

some companies rather not split to keep the perceived value of a share high. google is nipping at $500's. apple is in the $250's.

[Oh Haha]

I recieved my letter on buying stock today. We get a 15% discount on the stock and purchases are made every 6 months. Payroll deduction is the way it is done.

We already have our 401Ks set up but should I jump into the stock purchase program?
What % should I have deducted?

I know very little about the stock market but I do know that we are strong and will continue to grow with new aquisitions and increasing regulations on the medical industry(sorry docs.)

Thank you for any advice you fellas can provide.