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Penn or draftkings?
Newbie to investing and never invested in a company that went through a reverse stock split.
In theory, I understand the market value should increase but I’m not seeing this reflected in the price and naturally my book value/ share is very disappointing.
A) When should I anticipate the stock appreciation to occur?
B) What’s the next move for companies that do this? Issue more shares?
TIA!
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@TikTokInvestors is your key to being filthy rich.
Robinhood Learn has simple courses. I used it to figure out what the heck Options are.
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I really like the education section of Investopedia. Also recommend reading Warren Buffet’s letters to shareholders.
Investopedia is great. Lots of good books out there. Avoid technical charting and focus on fundamental valuation books. Another good option is set it and forget it. Just throw all your money into VTI, VOO, etc. and look at it a few years from now. Don't focus on the market swings. Keep putting into each other a little here, a little there. You'll fall off your chair in happiness from the likely appreciation. Keep in mind though there is nothing guaranteed and if you invest in most things you also have to be okay with it going to 0.