Charles Payne isn't buying what Nvidia is selling with its 10-for-1 stock split. He says the lower share price is an illusion, aimed at luring in new "suckers" pumped by social media buzz.
After all, buying after the split announcement left investors paying more than necessary. And Wall Street knows retail traders will pile in post-split, seeing easy profits.
Still, Nvidia's stratospheric gains and rosy revenue forecasts give the split some cred. And dividing shares is a trendy investor perk nowadays.
What's your take - shrewd growth play or retail shareholder hijinks? Join the debate fireside as we ponder the true cost of an affordable stock!