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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
GBR 959% return lol?
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Finds over the last couple of weeks!
Chief
It could all be so simple
Where is the best street to go bar hopping?
Rising Star
My wife started as an M at Accenture earlier this year coming from industry. I’ve never worked at Accenture or any b4, but I had to explain to her how up or out works. She also didn’t know that she came in with 24 months at level and what that meant. Really surprised none of this was communicated during hiring or by her manager.
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Where are the Booz Allen people at?
Has anybody had comp discussion yet?
New to Fishbowl?
unlock all discussions on Fishbowl.
Switch firms every 2-3 years a couple of times early in your career then settle at a firm to make partner, that’s the long term play if you want to max out comp.
are you hiring?
Live like.....an accountant
Thanks, was more looking for advice on increased income!
Make senior, jump firms. Need at least 4 to 5 years of experience in PA to maximize industry pay.
Rising Star
Build your internal network and get to PPMD for $$$$
Partner, Principal, Managing Director
I had to google it, so it might save you a google lol
I will say that The Big 4 Brigade that constantly says to NOT work at regionals and have no experience within them - only within Big 4 - are doing a lot of folks a disservice. Plenty of growth and comp opportunities outside of just working for the biggest.
Go the big four try to get on a national team and or more consulting type work or just a niche that pays up
Check out all the big 4 job boards and just due some due diligence in reading job descriptions. Tip- the more generic the posting is then the less likely it is to be specialty. Each b4 names their specialty practices differently which kinda helps from an application perspective bc people are often less familiar with them.
You cant out earn bad spending habits.
Job hop every 1.65 yearss
If not on the partner path, stay until manager or SR manager and jump into a CAE/Controller or CFO role - ideally private about to go public or acquisition target. Negotiate ownership, stock, RSU and other buy out terms. Eventually move up to larger CFO roles
You want to be "blunt"? Make sure your living expenses aren't too "high". Be sure to "weed" out unnecessary expenses. That's how I "roll". I can "toke" my financial success to being mindful how I spend my "green". I'm not a trail "blazer", I just read a lot on frugal living. I dont want to "puff" my chest; im not perfect and everyone needs to give themselves grace in their personal finance journey. Hope my post "sparks" some good ideas.
Smoke weed instead of making money? Instructions unclear
So don’t be at a regional firm is my advice
It limits the client base
What is the max income for you? 200k? 1mil?