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what you buying?
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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I’ll sell y’all some SPY puts lol
There is a possibility that if Biden gets elected, and the cases are over 100k daily and hospitalizations surge that we could do another lockdown. I don't think Trump would do it because he doesn't give a f*** anymore but Biden might consider if it gets out of hand.
Probably it will be targeted shutdowns-zip code wise as they are currently doing in Brooklyn.
Why do you think it will get out of hand?
Probably he is looking at Europe and thinks a similar or worse situation will unfold here since mask wearing, social distancing etc are not followed diligently in the US
Yeah, and look at the surging daily cases recently... it’s scary
I see your point. My view is that a lot of things have to happen for us to find ourselves in another lockdown and we are almost guaranteed stimulus if we even start to approach it. Neither party wants to crash the market and their plans just have different costs (taxes or public safety).
To answer the authors question - if your assumption is we end up in a lockdown. I would short high yield credit ETFs and buy toilet paper.
Health tech
“I want to get rich quick. Send me some signals”
Vaccine stocks. Right now the front runners are:
PFE
AZN
MRNA
JNJ
NVAX
ZM, PTON, DOCU, Health cos