I wouldn’t want it but I think it will be really popular. After all, some people buy Live Love Laugh stickers for their wall or replace their entire gardens with toxic plastic grass.. You never know what people are going to be in to
I’m not a psychologist but perhaps it may help some people/young children?
I’ve not taken much interest in stocks recently due to everything just going down. But Correct me if I’m wrong. I’m sure last time I checked Amazon they were around $3,000 a share?
You haven’t got them “cheap”. The shares were split 20:1. If you had 1 share before at $2000 you ended up with 20 shares at $100 i.e. 1 new share owns 1/20 of the company the old share owned.
In order for the new $100 share to rise to $2000 now, you are basically saying that the old $2000 share would have risen to $40000. I have not seen such a wonderfully optimistic prediction for the share price to reach in at least in the next 10 years from anyone. Today the company is capitalised at $1.13 trillion. Your expectation and hope is that the companies capitalisation will be $22 trillion.
However, If you hope your share hits $300 in 4-5 years … there are some grounds for that level of optimism. It would be a great gain and nothing to be sniffed at.
I think they’ve priced this right. £95 is probably the max I would pay - it saves me money with subscription & save but if they hit three figures I’d have to get the old calculator out and do the sums.