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Will Tesla stock split cause a rally?
@BontaοΌFrankly, I do feel silly answering this question... Imagine that I originally sell a 1kg packet of sweets at $50 and 1 sell 0.1kg of sweet at $5. Which will the kids buy... $50 worth or $5 worth. [Facepalm] $Tesla Motors(TSLA)$can't be measured in terms of conventional fundamental figures. How high will it go, frankly I have no idea and I do not intend to touch until I can figure out a way to properly value it. However, by making the stocks cheaper through stock split, the potential investor pool will increase. Let alone those who are using options who are currently keeping out due to the high premiums or margin required. With stock split, there will be greater potential for Tesla to grow further. Conventional valuation aside. Furthermore, through the stocksplit, "dividends" will be given. Add on the new European plant that's commenced operations. The force is strong in this one...
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