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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
Anyone else into Bank Bonus churning?
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No. Because 2020 inflation wasn’t high
Once inflation went high it was guaranteed that rates would go up
Government spending
I watch a smaller real estate-focused channel that has been spot on with predictions about the housing market. It’s called One Rental at a Time. He does a daily financial news segment every day at 7:30 AM Pacific time that has been super informative. His biggest counter narrative call was saying in 2021 that housing transactions will fall in 2022 and 2023 without a big fall in prices due to lower inventory.
He has been doing the daily financial news for almost 3-4 years now because I remember him doing a show at the beginning of Covid.