AAPL!!! Good Lord.

[mattkime]

certainty of upward movement makes me nervous

[GGD]

d4 wrote:
FYI: The 4-for-1 stock split is for every shareholder of record at the close of business on Monday, August 24. Monday will be a BIG day.

It's really Aug 31st that's the big day, that's the first day that it will trade at the split price. All of those other dates don't really matter because the rights to the split transfer with any transaction.

What is the effective date of the split?
There are several key dates.
The Record Date – August 24, 2020 - determines which shareholders are entitled to receive additional shares due to the split.
The Split Date – August 28, 2020 - shareholders are due split shares after the close of business on this date.
The Ex Date – August 31, 2020 - the date determined by Nasdaq when Apple common shares will trade at the new split-adjusted price.

What happens if I buy or sell shares on or after the Record Date and before the Ex Date?

If you sell shares on or after the Record Date (August 24, 2020) but before the Ex Date (August 31, 2020) you will be selling them at the pre-split price. At the time of the sale, you will surrender your pre-split shares and will no longer be entitled to the split shares. Following the split, the new owner of the shares will be entitled to the additional shares resulting from the stock split.

If you buy shares on or after the Record Date but before the Ex Date, you will purchase the shares at the pre-split price and will receive (or your brokerage account will be credited with) the shares purchased. Following the split, you will receive (or your brokerage account will be credited with) the additional shares resulting from the stock split.

https://investor.apple.com/faq/default.aspx

[d4]

GGD wrote:
[quote=d4]
FYI: The 4-for-1 stock split is for every shareholder of record at the close of business on Monday, August 24. Monday will be a BIG day.

It's really Aug 31st that's the big day, that's the first day that it will trade at the split price. All of those other dates don't really matter because the rights to the split transfer with any transaction.

What is the effective date of the split?
There are several key dates.
The Record Date – August 24, 2020 - determines which shareholders are entitled to receive additional shares due to the split.
The Split Date – August 28, 2020 - shareholders are due split shares after the close of business on this date.
The Ex Date – August 31, 2020 - the date determined by Nasdaq when Apple common shares will trade at the new split-adjusted price.

What happens if I buy or sell shares on or after the Record Date and before the Ex Date?

If you sell shares on or after the Record Date (August 24, 2020) but before the Ex Date (August 31, 2020) you will be selling them at the pre-split price. At the time of the sale, you will surrender your pre-split shares and will no longer be entitled to the split shares. Following the split, the new owner of the shares will be entitled to the additional shares resulting from the stock split.

If you buy shares on or after the Record Date but before the Ex Date, you will purchase the shares at the pre-split price and will receive (or your brokerage account will be credited with) the shares purchased. Following the split, you will receive (or your brokerage account will be credited with) the additional shares resulting from the stock split.

https://investor.apple.com/faq/default.aspx
Ahh.. Ok. So that Aug 24 date is meaningless? Why call it out?

[NewtonMP2100]

stephen wrote:
I made $12,000 this morning.

What the heck is going on?

.....you lookin' to get hitched......???

[GGD]

d4 wrote:
Ahh.. Ok. So that Aug 24 date is meaningless? Why call it out?

It probably means something to brokerages and exchanges for paperwork purposes, but not for the average shareholder.

[The UnDoug]

d4 wrote:
Ahh.. Ok. So that Aug 24 date is meaningless? Why call it out?

Probably because people get excited about the possibility of the share price going up as a result of the split, and if you aren't a stockholder by the 24th, you won't get to benefit from that potential increase.

Just realized this is completely incorrect. Sorry.

[testcase]

Now you JINXED it............ :facepalm:

[Spiff]

just told my accountant to buy 10 more shares. this morning.

[Rick-o]

I'm almost embarrassed on how much I gained today.

AAPL been 'berry, 'berry good to Rick-o!

[stephen]

Rick-o wrote:

AAPL been 'berry, 'berry good to Rick-o!

Whatever it is, grin and enjoy. I'm happy for you.

I originally had twice as much, before I sold it and went back in.