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abwillingham
Impossible price?

One of my sims picked this company but I really don't understand what I am looking at.
Did it really have a price above $500MM?

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Nov 17, 2020 8:42:45 PM       
Edit 1 times, last edit by abwillingham at Nov 17, 2020 8:43:32 PM
Riki37
Re: Impossible price?

The chart in the Snapshot page is adjusted by splits. Between 2011 and 2020 there were 6 reverse stock splits for INPX, the unadjusted price in 2005 was 32 million times lower (20*2*15*30*40*45).
You can check more in detail the splits in the Prices page.

Riccardo
Portfolio123 Staff

Nov 18, 2020 8:19:51 AM       
Edit 2 times, last edit by Riki37 at Nov 18, 2020 8:21:01 AM
abwillingham
Re: Impossible price?

Is there a way to screen for historical reverse splits? Maybe a count?

Thanks
Tony

Nov 18, 2020 8:36:52 AM       
yuvaltaylor
Re: Impossible price?

Is there a way to screen for historical reverse splits? Maybe a count?

Thanks
Tony

Yes. Use SplitCount() and SplitFactor(). For example, to screen for stocks with three splits over the last ten years that compounded to reverse splits, you'd use SplitCount(3560) >= 3 and SplitFactor(3560) < 1. INPX is one of the stocks that pass this screen.

Yuval Taylor
Product Manager, Portfolio123
invest(igations)
Any opinions or recommendations in this message are not opinions or recommendations of Portfolio123 Securities LLC.

Nov 18, 2020 9:16:01 AM       
abwillingham
Re: Impossible price?

Thanks Yuval.
So the opposite of that (to exclude INPX) is... what?

I tried this but apparently my logic is wrong because it still captures stocks like INPX:
Eval(SplitCount(3560) >= 3 and SplitFactor(3560) < 1,0,1)

Seems like this should work.

Nov 18, 2020 1:46:26 PM       
yuvaltaylor
Re: Impossible price?

Thanks Yuval.
So the opposite of that (to exclude INPX) is... what?

I tried this but apparently my logic is wrong because it still captures stocks like INPX:
Eval(SplitCount(3560) >= 3 and SplitFactor(3560) < 1,0,1)

Seems like this should work.


SplitCount(3560) < 3 or SplitFactor(3560) > 1

Yuval Taylor
Product Manager, Portfolio123
invest(igations)
Any opinions or recommendations in this message are not opinions or recommendations of Portfolio123 Securities LLC.

Nov 18, 2020 5:21:40 PM       
abwillingham
Re: Impossible price?



SplitCount(3560) < 3 or SplitFactor(3560) > 1


Wouldn’t this also eliminate any stock with three or more normal splits?

Nov 18, 2020 8:03:27 PM       
Edit 1 times, last edit by abwillingham at Nov 18, 2020 8:03:51 PM
yuvaltaylor
Re: Impossible price?



SplitCount(3560) < 3 or SplitFactor(3560) > 1


Wouldn’t this also eliminate any stock with three or more normal splits?

No. There's an "or," not an "and." So let's take a stock with a split factor less than one and that had 6 splits. It would fail the first rule but pass the second, so the "or" would let it pass. A stock with no splits at all would pass the first rule but fail the second. So it would pass too. The only stocks to be excluded would be stocks with a split count higher than 3 and a split factor less than 1.

Yuval Taylor
Product Manager, Portfolio123
invest(igations)
Any opinions or recommendations in this message are not opinions or recommendations of Portfolio123 Securities LLC.

Nov 19, 2020 2:33:16 PM