August, 2011 | Six Figure Investing

Stock splits—will the confusion ever end?

May 14, 2023August 3, 2011 by Vance Harwood

I understand how stock splits, forward and reverse can confuse novice investors, but I was shocked to see Reuters Money publishing a guest post titled: “An inside look at a bad stock trade.” This investor’s analysis of VXX’s 4:1 reverse split was: “Such a split means that investors would have one-fourth of the shares they owned before the split, but at four times the …

Buy on rumor, sell on news

August 2, 2011August 1, 2011 by

I was very surprised Monday morning when sentiment turned around and the market went into decline. Perhaps people were nervous that the House wouldn’t approve the budget proposal, but it seems more likely mixed economic news prevented any sort of euphoric reaction, or people realized that an agreement to add another trillion or two of debt really isn’t cause for celebration. I held onto my …