Replies to post #80447 on AMC Entertainment Holdings Inc (AMC)

[bio33]

Don't forget about the surcharge tax 3.8% also....better known as net investment income tax which is 3.8% tax on investment income such as capital gains, dividends, etc. income. This tax only applies to high income taxpayers, such as single filers who make more than $200K and married couples who make more than $250K....

The 3.8% only applies to dollar amts above these limits....

[GoodGuyBill]

So you would rather pay zero taxes on zero profit...?

No. You know I am not saying that. I am glad you are happy about your AMC trading objective/strategy and that it works for you.

I choose a different strategy where I can receive a much bigger reward. Those who invested in AMC under $2 to $72, did they make more by swing trading or holding (don't forget to include short-tern capital gains tax)? If you swing trade, is it reasonable to assume your trading timing will always be accurate?

For me buying low and HODLing is the simplest and most rewarding strategy long term for AMC. The past $2 to $72 jump will be a hiccup to what's coming, imho. Of course, I could be wrong but am willing to take the risk.

I wish you continued success in your efforts.