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Buckle up boys and girls. We crash tomorrow.
$RNWK 🚀 is it next GME?
Red red red
What do you guyz think of PLTR?
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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Chief
Its at All time high while the market is getting killed. If you are a LT investor sure, buy some now. But it's better to buy things when they haven't gone on a hot streak (Apple was in the 140s a few weeks ago)
Chief
Alternatively, you could buy a small position now and DCA with the understanding that its up 10% in the past month.
Good luck!
I bought it back at the stock split at 130, it dropped to 122 or 124 that same day and then it’s been going up so I would say you can always buy some now and then buy more later on. The price you bought in at will always average out
Buy stocks that have dropped for better value
With that said, apple is half my portfolio and my #1 stock pick
Buy all the big techs. Ive owned google, fb (now meta), amazon, apple, and msft for the past 5 years. Doing awesome compared with market and most individual stock pickers
Btw i know netflix is a considered FAANG but i dont it cuz i dont like netflix's business model as i think they overpay their actors/actresses