IBDvalueinvestin (99.58)

Feb. 23, the day of Judgement.

February 15, 2012 – Comments (1) | RELATED TICKERS: AAPL , PCLN , GOOG

 Major news coming for AAPL on Feb. 23rd

The latest surge in Apple shares [AAPL  523.25    13.79  (+2.71%)   ] that’s pushed them above $500 is not because of speculation about its next revolutionary product, but rather the possibility that the preeminent technology growth stock will declare a dividend, or even split its shares, analysts and traders said.

 An iPad3 with a higher resolution screen and other technical upgrades from its predecessor is expected to be released in early March. But most buyers are focusing in on the company’s Feb. 23 shareholder meeting in Cupertino, California. They’ve pushed the stock up nearly 19 percent in 1 month.

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(In my opinion if the shares split 10-1 , I believe the lower price of $52.32/shr would attract a lot of retail investor in the stock that it does not currently attract)