ge stock split reddit

I thought it might be a good idea bought a few 27 calls. The reverse stock split authorized.

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General Electric GE has 8 splits in our General Electric stock split history database.

. For example a 1000 share position pre-split became a 2000 share position following the split. See General Electric Company GE history of stock splits. Also if anyone has something else theyd like to add about GEs outlook be my guest.

This was a 2 for 1 split meaning for each share of GE owned pre-split the shareholder now owned 2 shares. 11k members in the CitadelLLC community. Posted by just now.

GE has had so much momentum lately and it seems like they are just trying to cut down the number of shares to compare to others in their market cap range. On July 30th General Electric NYSE. But there was another announcement that Wall Street largely ignored.

Earlier this season GE engineered a reverse stock split reducing outstanding shares in order to elevate their value. This is a 2558 percent increase over sales of 94200 million the same period last year. The number of its shares traded on the stock market will reduce from 8 to 1 billion while the price of one share will increase eightfold up to about 100.

XYZ stock is trading at 10. Op 5m edited 5m. GE plans to file an amendment to its certificate of incorporation to effectuate the reverse stock split after the close of trading on.

This suggests a possible upside of 678 from the stocks current price. The first split for GE took place on June 08 1971. You wont gain or lose itll stay the same just the strike price will be adjusted to reflect the 81 reverse split.

Whether it is good or bad or why the company wants its stock to go through a. Posted by 5 months ago. GE announced plans Tuesday to split into three separate companies.

Search for other Veterinarians in Suisun City on The Real Yellow Pages. The reverse split occurs at a 81 ratio. Ge stock split reddit.

Years of declining earnings and a new complicated reverse stock split should send GE investors looking elsewhere March 18 2021 By. Ge Might Be Doing A 1 8 Reverse Stock Split R Wallstreetbets sunset animal clinic fairfield ca. So in my case because its a 1 to 8 reverse split my 10 call should change to an 80 call but also since each contract represented 100 shares and the shares are being.

Personally reasonably bullish on GE but also have an extremely low avg price 7187share or 898 pre-reverse split. A definitive analyst on General Electric is skeptical of the companys plans to split into three companies and some retail traders on. 6 minutes for reading.

XYZ shares are now worth 80share. On average they expect General Electrics share price to reach 11336 in the next year. Basically every component of the option other than the cost you originally paid for it would be altered by the coefficient of the split.

Established in 1989 Sunset Animal Clinic is located at 1239 Western. This subreddit is not affiliated with Citadel LLC. Anyone buying January 2022 options in light of the possible stock split.

From the low teens before the. This is a 4571 percent increase over losses of 140 per share from the same period last year. General Electric GE has 8 splits in our General Electric stock split history database.

What the General Electric Split Means for GE Stock. The process will result in. The company reported quarterly sales of 118 billion which beat the analyst consensus estimate of 112 billion by 563 percent.

Their GE stock forecasts range from 8200 to 14300. The industrial conglomerate underwent a 1-for-8 reverse split meaning investors got one share for every eight owned. You bought a call option 1250.

View analysts price targets for General Electric. BOSTON June 18 2021 GE NYSEGE announced today that it will proceed with the 1-for-8 reverse stock split previously approved by GE shareholders at the annual meeting of shareholders on May 4 2021. Even Uber which I consider to be massively overvalued.

New York CNN Business General Electric the industrial conglomerate founded by Thomas Edison in 1892 is breaking up. 13 analysts have issued 12 month target prices for General Electrics stock. BOSTON July 30 2021 GE NYSEGE announced today that it has completed the previously announced reverse stock split of GE common stock at a ratio of 1-for-8 with a proportionate reduction in the authorized shares of its common stock and reduction in the par value of common stock to 001 per share.

12 319 125 41 13 41 18 917. The GE Power GE Renewable Energy and GE Digital units will be put together and spun off in 2024. My GE positions for full transparency pretty bullish on this one.

A proposed 8-for-1 reverse split that would turn GEs 12 share. The remaining GE will be an aviation-focused company. I dont expect them to outperform mega-cap tech in the long run but it provides some nice short term exposure to Industrials--with infrastructure spending bills being passed now they have room to run a bit.

GE Reverse Stock Split Announced. A definitive analyst on General Electric is skeptical of the companys plans to split into three companies and some retail traders on. However other than a short surge at the end of May its.

Ive seen many youtube videos reddit posts articles on why this stock is overvalued at 18 price to sales ratio which implies at least 20-25 sales growth sales growth 6-9x for the next 10 years based on my model. GE will have its stock go through a reverse split. Log in or sign up to leave a comment Log In Sign Up.

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