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Anonymous User
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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Readiness AND business need. Just because someone is ready, doesn’t mean there is a need for the higher position.
AI’s breakdown but it gets the point across:
Career Promotion (Vertical Movement)
Definition: Moving up to a higher-ranking position (e.g., Associate to Senior Associate).
Key Features: Involves increased salary, a new job title, and higher authority.
Validation: Often requires formal approval and recognition from management.
Visibility: Easily highlighted on a resume through title changes.
Career Progression (Growth & Expansion)
Definition: The development of skills, knowledge, and experience over time.
Key Features: Includes lateral moves, deepening expertise in a current role, or gaining leadership skills.
Control: Largely in the employee's hands to direct through professional development.
Scope: Can occur without a change in job title or salary.
What you’re talking about in moving Associate 1 to 2 to 3 is a “progression”. And it’s more about time at level.
Well when you’re ready the timing won’t be right. It’s just a giant shell game.
What they mean by readiness is when they think you’re ready not when you think you’re ready. Just being honest. I’ve dealt with plenty of people that wanted a promotion but still needed to learn and grow more in their current position but they didn’t see it, management did.
Most management is incompetent and filled with nepotism. Plenty of friends and those not ready get promoted.
Nothing about retention? Nothing about availability? Okay, let's say for instance, that it is a small outfit. You've been there 2 years. There are no new open positions. But the employee has been consistent and present, checked all the boxes, with dark marker. A raise is the minimum. But now let's say it's a fairly large consortium. A higher position has become available, either vacancy or new budgeted opportunity. Same individual, same hard, deliberate work. Is readiness not demonstrated and to be rewarded? How is timing even in question? Was that to mean no relative was available to the position? No neighbor, old friend or even the guy that pumps his/her gas was available? Readiness is timing; waiting for the moment. Prepared, observant and desirous, at the starting line. Or even and actually a rolling start. Merit is wonderful but I'll go with a bargaining contract every time. At least you have language that, in a properly negotiated agreement, speaks to promotions and retention. Everybody in the shop knows who knows where the bones are buried, where the handle to the water feed is, where the key to 'that' lock is kept, and now you're going to risk that cause of some delusion about readiness? I genuinely feel for you, because I have been there. But I'm not there now...🤔🏁
I'm sorry to hear, bro. I hope you fare better in your next role.