You Can STILL Get The ‘Tesla’ (TSLA) 5-for-1 Stock Split Post Aug. 21 — Even Today.
The STATED August 21, 2020 ‘ex-dividend’ date for getting the 5-for-1 stock split is ‘BOGUS’! SMILE.
I even checked with Fidelity.
While a stock split is considered a dividend it doesn’t work as with a normal monetary dividend. With a monetary dividend IF you BUT after the ex-dividend day, you don’t get the dividend, just the stock. The seller gets to keep the dividend.
Doesn’t work with a stock split, BECAUSE ALL the shares are SPLITTING.
Yes, I bought some. SMILE. I have been LONG on TSLA for years. I first bought TSLA, 4- or 5-years ago when it was $380. SMILE. Did NOT buy many. SMILE. Earlier this year I added a BIT (& bough TSLA for both kids. SMILE). Today I sold ‘bits-&-bobs’ & bought a bit more TSLA. Enough. Now, after the split, this Saturday I will have a ‘decent’ amount. YES, the actual NUMBER of shares matter IF you are an ADDICTED option trader like I. Smile. [P.S., If you could see my kids’ portfolios. SMILE. High risk, HIGH rewards. SMILE.]
Just thought I will share this with you.
August 21, 2020 day meant NOTHING.
You can carry on buying TSLA till 4:00pm on Friday, August 28, 2020 & still get the 5-for-1 split.
It is ‘OK’. You do NOT have to thank me. This is what I do. SMILE.
Check Category ‘investments‘.