StockEagle Split Scan         

Almost every day some stocks perform "splits".
This means that the price changes (i.e. down to half)
while the shares in your portfolio (if you own them) adjust accordingly (i.e. double).

This is usually done to keep the share price in the main range (between $10 and $100).
This has no significance in itself, but some people view this as an important event
and start buying, which then can become self-fullfilling prophecy since then
the price goes up with increasing volume.

At the end of this process StockEagle will offer you the choice to view the list of Splits processed
(excatly like the "View Split log" function).
This function is part of the automatic daily closing process.

Here is an example of 6 stock splits reported on July 24th, 1999:
 

In the first column you see the date(19980724) followed by the counter (1...6).
Then the date the split occured (19980724), ticker symbol (FIBRD) and
the adjustment factor (3.030303)
This information is stored in the SPLIT.TXT file in the current \Eagle directory.