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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
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Coach
Thanks for the tip...
What is it and why is it a great investment. This sounds like a shill post right now. Just a plug for a supposedly great company that doesn’t have any imfino
Nanox is developing a medical x-ray 3D imaging system. The current machines out there are extremely expensive and nanox equipment is supposed to be faster and more efficient, plus it’s smaller and the way it is developed allows it to be cheaper, by a lot.
They are going to essentially rent out their equipment instead of out right selling it, which will create reoccurring revenue for the company.
I am interested in seeing any bad news ppl have on this company bc all i see is great news, this way I can see the full picture before I stay in long term and possibly invest more in the future or if I should just take the gains and leave.
The idea seems great but just wanting to see others input if they have knowledge on the company
Seems like a great company? Have you checked their financials or anything at all? 😅
Great idea but risky company I mean. Newer to fb so having trouble editing post..
Great potential worried abt execution. Bought it at 22$, sold 1/3 at 65 to make rest of it free. Will look to add more on the dip.
Thanks for the info, is there anything that makes you question the company or if it will be successful. Sounds too good to be true based off what I am reading/hearing