News for hackers. Stuff that matters.
Re:Berkshire Hathaway’s stock price is too high for Nasdaq c... by darthrupert on Wednesday May 05, 2021 @04:37AM (#27047556)
Well, this isn’t really that big of a problem. Just let the price overflow. That should make it easier for them to just split the stock next time they get there ;)
Re:Berkshire Hathaway’s stock price is too high for Nasdaq c... by mrarjen on Wednesday May 05, 2021 @06:22AM (#27048190)
With all the weird structures of stock lending and synthetics going around, I believe it's been extremely valuable for Buffet to keep it as it is for all these years.
Re:Berkshire Hathaway’s stock price is too high for Nasdaq c... by Pet_Ant on Wednesday May 05, 2021 @09:58AM (#27049864)
Can you explain? I nhought a stock split just multplied at stock counts after a certain date; seems straight forward.
Re:Berkshire Hathaway’s stock price is too high for Nasdaq c... by quickthrowman on Wednesday May 05, 2021 @03:31PM (#27054551)
You’re correct, the GP’s entire post is wrong, see my sibling comment to your post.
Re:Berkshire Hathaway’s stock price is too high for Nasdaq c... by quickthrowman on Wednesday May 05, 2021 @03:29PM (#27054522)
There are no exchange traded options on BRK.A, lending shares to be shorted gives you interest on the total $ value, not the number of shares. Neither of these are the reason for not splitting.
Re:Berkshire Hathaway’s stock price is too high for Nasdaq c... by ric2b on Thursday May 13, 2021 @06:53AM (#27140695)
Aren't options contracts standardized on 100 shares? That would definitely make a difference.