The problem with looking for a pattern is that you are looking over such a long time period. The decision to split comes from the upper management and board of directors. The management and board wil change over time, and they will probably all have different ideas about when/if they should split - so it is not necessarily something that you can necessarily predict. Also, it's going to depend greatly on market conditions and outlook for th e company. If it gets to 100 and things are going really well, they may split, but it could get to 100 and the directors/management knows that business is poor and the stock will crash, it may not split. Therefore you are just dealing with too many variables to predict a stock split.
When a stock splits, the number of shares doubles and the price gets cut in half - that's a 2:1 split - meaning that you get two shares for each one you own - 2:1 and 3:1 is most common.
Stocks split to make them more affordable to investors. Microsoft has split numerous times, and Apple split last spring. However, some stocks never split - for example, Berkshire Hathaway has never split and is trading around $88,000 per share. Most stocks are owned by investment funds (mutual funds, pension funds, hedge funds, etc), and they don't really care whether the stock is at 93 with 1,000,000 shares outstanding or 46.5 with 2,000,000 shares outstanding - if it is a good investment, they will buy. Thus it is mainly the retail investors (you and me) that are affected - and in the grand scheme of things, we aren't that important in the stock market.
When a stock splits, the number of shares doubles and the price gets cut in half - that's a 2:1 split - meaning that you get two shares for each one you own - 2:1 and 3:1 is most common.
Stocks split to make them more affordable to investors. Microsoft has split numerous times, and Apple split last spring. However, some stocks never split - for example, Berkshire Hathaway has never split and is trading around $88,000 per share. Most stocks are owned by investment funds (mutual funds, pension funds, hedge funds, etc), and they don't really care whether the stock is at 93 with 1,000,000 shares outstanding or 46.5 with 2,000,000 shares outstanding - if it is a good investment, they will buy. Thus it is mainly the retail investors (you and me) that are affected - and in the grand scheme of things, we aren't that important in the stock market.
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