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Re: WhiteOwl post# 43484

Wednesday, 09/29/2021 11:26:33 AM

Wednesday, September 29, 2021 11:26:33 AM

Post# of 46498
As stated before, WDDD will be dominated by tax loss selling until the end of the year, UNLESS either MRMD or RLBD has a substantial appreciation in price. At this point, the patent claims against ATVI and MSFT are being valued at almost nothing, maybe .02 out of the .06. So for those that want to roll the dice on the appeal, the risk is about .02 at this stage. Of course, sometimes the need to take losses outweighs the true value of an equity, so perhaps it drops to .03 again(the previous low) on the final year end tax loss selling. And the upside, upon a reversal is around .20-.30. It's an enticing risk/reward play especially anywhere below .06. Just my opinion. And I will be ready either way. Just watching and waiting.
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