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Re: OMOLIVES post# 13674

Thursday, 01/27/2022 11:58:34 AM

Thursday, January 27, 2022 11:58:34 AM

Post# of 44675
If this hedge fund bought prior to the spike of 10/22/21, then they bought at a price NOT GREATER THAN 17.33 (the high of the day on 9/30/21)

So, by selling in last year's tax year, this hedge fund generated quite a profit for their participants. That explains the filing.

In short, they bought, booked a considerable pre-tax profit, and thus avoided a substantial tax liability in the current year.

By doing so in last year's tax environment, they removed as much risk as was possible. Remember the rumors that were swirling prior to the current Congressional events regarding the current administration's tax proposals.

Further, it is rational to presume that they were, as a practical matter, legitimately responsible to these participants for generating profits & managing their investment correctly, it follows that the hedge fund had an actual responsibility to take profits at year end rather than undertaking unnecessary risk by continuing to hold.

Thats the way I see it.

And all of this means that this filing is simply a regulatory necessity and it does not indicate that the hedge fund has pulled out for reasons that should trouble parties, such as myself, who are trying to make money via DWAC.

Hope this helps.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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