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I've had a speculation for a while that this is why Google, Apple, and many other tech giants like to keep their stock float small and thus their stock price per share very high. I wonder if it's a way of trying to select for longer-term investors. ???



I am not sure because you can own half of an stock. For example if you invest in ETFs you don't an integer number of stocks.

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The shares of stock in an EFT are controlled by an independent group. Essentially you are buying shares of someone else's shares.

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But this is a way to operate on fractional stocks. Can you elaborate on "api" original speculation?

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