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Message: The Nominal Price Puzzle

The Nominal Price Puzzle

posted on Nov 18, 2007 09:31AM

Interesting reading for those who'd like an academic opinion based on the study of stock splits.

I can't say this does or doesn't support a reverse split, but there's some good data and interesting unemotional hypothesis.

ttp://www.econ.yale.edu/~shiller/beh...

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