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Old 10th Dec 2001, 20:27
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T_richard
 
Join Date: Nov 2001
Location: Rhode Island, USA
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Gentleman May I provde some assistance in this discussion of stock splits.. What are my qualifications? I have been affiliated with the NYSE for 22 years as a broker. Stock splits are executed to increase the "float" the number of shares available to be bought or sold at any time. The larger the float the less volatile the stock. The lees volatile the stocks price is, the more interest a institutional investor will have in that company, (among other factors) Large buyers of a stock get a phone call from the NYSE if their trading activity bounces a stock around a lot. All stock options are adjusted to reflect the split automatically.
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