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I’m not going to say but supposedly someone very close to the company.
Let me tell you why I’m not going to call. Because I’m a sucker. I’ve spoken a few times on the phone with one of his inner minions who reassured me everything is fine and things are right around the corner and every time I spoke with him I bought more nearly twice the price of today in some cases or higher. I want to see simple action I’m done with conversations with self-conflicted minion pumpers. Everything I was told was BS plain and simple.
I’ve already had his minions tell me 6 months ago things are happening in the timeframe of days not weeks or months. I don’t want to hear more lies. Let’s see if the quarterly comes this week. I’d actually buy more to restore my old position if that quarterly comes out - just to see a promise fulfilled.
Ward is a complete disaster. Totally negligent to shareholders. It’s really shameful actually. Has no regard. Supposedly someone said the delinquent quarterly coming this week. I’ll believe it when I see it.
I’m wondering if that’s why they brought it up AH yesterday so they could short it down and cover at 14.20
Lol you’re right - I’m a dumb dumb
Is that an opinion or is that something you know? - just curious.
It’s from MT Newswire headline is AMC Entertainment block sale of 17 million shares reportedly priced at 14.20 that’s all its says
It’s on my news wire feed on my professional trading station. That wouldn’t be fake.
There’s an article out about AMC trying to block a 17 million share sale at 14.20
I notice that even fidelity plays with how much it will let me buy as soon as things are in our favor.
I don’t see any scenario at all where the price can fall to 2 dollars unless COVID comes back and the APEs leave
Run Forest Run
Anyone have any info on the news that AMC blocked sale of 17 million shares priced at 14.20?
I just bought a couple of thousand in the 14.20s
It’s going higher at open
You get around the 30 day rule by filing a change of accounting methodology to mark to market from fifo - that’s the part I failed to mention. I had to file a form. I’ll ask my accountant what the form was.
Tell me what you really feel lol
Yeah the movie should show how the hedgies got screwed but you would need them to give you information to show that side of the story and they never will.
Yeah I just read article it like 700 a year. I do that in a little over a week.
Thanks nice article explains it well
https://fairmark.com/investment-taxation/capital-gain/wash/traders/
I should have mentioned that you have to send a form as well now that I read this. My accountant sent a form that changes my accounting method to mark to market.
If you do over I think it’s like 7 trades a day every day you can register because you are then doing this as a job. Talk to your accountant. You can still have other sources of income.
If you are day trading that much you need to register as such with IRS then wash sales have no impact. Day trading accounts for IRS registered traders are straight sales minus cost on December 31.
Yeah but you have to register with the IRS as a day trader then you are straight gains and losses. The account you day trade from is taxed as income. You can still have accounts that are investment accounts that get taxed short and long term like most retail investors.
I’m a registered day trader. I’m not impacted by wash sales. It’s straight loss and gain and any loss I can write off 100 percent from any other income I have. I pay regular taxes on gains but no self employment tax. I do over 100 trades a day. AMC is the only thing I have actually been holding. I have a core position I don’t touch but load up extra shares intraday on dip but need to unload those extra shares before 8pm. Those little flips I do just makes them lose more money. It’s all good.
I took a nap after market close and woke up to this. What a nice surprise. Glad I got back in. Does anyone think this gaps up tomorrow?
Shorties just put their wives up for sale to locate shares
I’d say it’s alarming that it’s red the day before launch maybe it pulls out last 30 minutes. This looks like manipulation.
No one knows. It all depends on whether people have awareness of this stock and based on today it doesn’t look like they are doing a very good job but hopefully that changes end of day. There should have been an enormous amount of fanfare by the company and BOD and it doesn’t seem to be there yet.
Wow they are lowering offers into a flurry of buying
The short positions report doesn’t show a large short position on this though unless they have simply been hiding the short as a fail but that means they would have had to carry a fail for a year which is unlikely.
If this breaks 14.20 it erupts
I’d love to see a news or article on how they plan to market the ETF. Is this something for example they can partner with 401k providers as one of the investment options. That would be huge. A lot of ETFs are bought through 401k as standard offerings.
A good investor relations firm would have this thing buzzing. Not sure what they are doing on that front but there should definitely be more buzz.
Maybe they’ll release the one that was supposed to be out last December
They’ll do everything and anything conceivable to shake everyone out by then. It won’t work.
Is that a guess or do you know that for sure?
How do you know that I’m not doubting just curious
Sometimes they like to open it high so they have room to short it down