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Posted: 04.16.2003 Splitsville
I decided to go a little crazy tonight and split my stock. There are currently 24 shares available at half the previous price as a result. Snap 'em up while you can!
 blog shares remind me of the Marvel 'no-prize'  -this ¤ ¤ I just got that email from Blogshares... dayumm! ¤ ¤ credit: courtney | 04.16.03 at 12:21 AM | link--this ¤ ¤mine, all mine *gobble* ¤ ¤ credit: adi | 04.16.03 at 12:22 AM | link--this ¤ ¤That didn't last long. ¤ ¤ credit: John | 04.16.03 at 12:35 AM | link--this ¤ ¤Damn, missed 'em. I need more shaaaaares. :D ¤ ¤ credit: Jason | 04.16.03 at 02:24 AM | link--this ¤ ¤You know, instead of splitting them (and dropping the price) you can also issue more shares. Or sell a few of yours, and it will raise the value for everyone - I sold some Pixelog, and the price skyrocketed! (So I sold even more!) ¤ ¤ credit: Christine | 04.16.03 at 11:52 AM | link--this ¤ ¤Yeah, but it's more of a gift as your stock climbs value back up (and mine usually does pretty quickly) to give everyone that bought initially twice the shares -- rather than leaving new ones out there for others to scramble for. That said, from the Blogshares site -- it don't really mattah: "However, what WILL happen on the day the site goes live is ALL shares will be removed from your portfolio. You will only take your cash balance into the live game. You WILL receive 1000 shares in every blog you claimed. Prices and total shares will remain as they are before the game goes live but all non-owner shares will be put in public hands (i.e. made available)." So any stock that you currently own is going to be worthless after 4/30 anyway. More over at webgrrlie's. ¤ ¤ credit: robyn | 04.16.03 at 12:09 PM | link--this ¤ ¤
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