Newbie questions.

[NATHAN LLOYD]

Say you own a stock on the x-date that is a 2 for one split. Will you have 2 times as many shares of that stock the next day? Will the price be cut in half? I don't really understand this. Someone please help me with this.

[wallnut]

The dividing of a company's existing stock into multiple shares. in a 2 for 1 split each stockholder receives an additional share for each share he or she holds.

This doesn't give you any more value, just twice as many shares.

Hope I helped.

[aiki14]

You own the stock the day before the x date (sale must be SETTLED before the x date) and then a few days later (up to a couple weeks to allow all the owners to be determined) the shares are delivered. The new shares are worth 1/2 (in a 2 for 1) at that instant and then whatever the market will bring.

[tekbubble]

Different Question.

XXXX is at $17.00. You have a sell stop for XXXX at $15.00, and it drops in after-hours trading to $8.00. Does your sell stop execute at $15 or do you end up holding the bag at $8?

[wallnut]

Can you trade after hours??
It also depends on how you have your stop-loss set up.
On a drop like that, you would be $crewed no matter how you cut it !! lol