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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!
https://finance.yahoo.com/news/retransmission-hive-blockchain-announces-5-100000300.html
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Dang, sorry I meant to comment on the post!
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I’m guilty of doing them before, but I think longer term buy and hold is a much better strategy and short term timing is mostly gambling.
I’ve had success with a few strategies that worked great until they didn’t. Now I park serious $ in index funds and have a little account for more active gambling
Robinho of is a good app to do this. But I’ve always gained less on this than Vanguard ETFs (all the research I’ve read points to this fact too)