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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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These are the two options I see . I want to select FDRXX but checking if I’m right . Sorry for blurred image 😀
Pro
You can select the first one but after you hit $2k in your HSA you should just invest it in the market. Essentially, this selection doesn’t matter that much. You’ll get .10-.20 cents or so until you hit that $2,000 mark.
Check the fees on the money fund. If those are higher than the yield, pick the bank account (FDIC).