I thought I made a killing yesterday.
The culprit was COKE
I was trying to figure out where this profit came from, so I did a deep dive (took about 5 minutes)
Coke announced a 10 for 1 stock split. E*TRADE increased the number of stocks I owned from 30 to 300. However, they didn't decrease the per share the price from approximately $ 1,114 to $ 111. Oh well, was a high while it lasted
I think the price is right, I don't own the additional shares yet. The split goes into effect May 27th.
I wonder if anyone sold the extra shares once they posted? Unless the shares were added after the market closed, I'm sure somebody did (or would have tried to).