InvestorsHub Logo

StockLogistics

01/01/22 11:46 AM

#46886 RE: the_kube #46885

Well if it’s not to offset previous or future losses then who knows, it could very well be the next Bank of Hong Kong Advisor Firm. They waited till the end of the year to speak, offering no specifics, to me that is a red flag for some sort of tax loss offset or strategy. It could still increase from here if the market believes their 2021 profits are greater than the loss imo. There are always people who got lucky with Bitcoin or who have friends that did that could be investing that money in what they believe is a safer asset (Exbx).

fsmith1952

01/01/22 3:23 PM

#46888 RE: the_kube #46885

Are you or others assuming... or simply guessing that EXBX might have a lot of tax write off from the business failing? If so, this is just one more reason that exbx was such an attractive shell.
It appears to me that the Chung Kam Run Yin squad is a brand new company... now migrating to a US exchange. Interestingly enough, there is enormous uncertainty as to what will happen with crypto in China in the coming days. Bitcoin mining has been outlawed... and I thought I saw something recently about bitcoin itself, if not illegal to own now... might be in the near future. IF we are lucky enough that this company is in some way associated with those heavily invested in bitcoin... we're gonna be stinking... well... affluent.
I can't wait to read about what this company's business is/will be.
On another note.... WOW to the last 1/2 hr of trading yesterday. That was amazing. With no news... it seems that there is a growning number of people who want a piece of this company. Can't wait to see what Monday... and next week... and the week after that... etc, will bring.

fsmith1952

01/01/22 3:23 PM

#46889 RE: the_kube #46885

Are you or others assuming... or simply guessing that EXBX might have a lot of tax write off from the business failing? If so, this is just one more reason that exbx was such an attractive shell.
It appears to me that the Chung Kam Run Yin squad is a brand new company... now migrating to a US exchange. Interestingly enough, there is enormous uncertainty as to what will happen with crypto in China in the coming days. Bitcoin mining has been outlawed... and I thought I saw something recently about bitcoin itself, if not illegal to own now... might be in the near future. IF we are lucky enough that this company is in some way associated with those heavily invested in bitcoin... we're gonna be stinking... well... affluent.
I can't wait to read about what this company's business is/will be.
On another note.... WOW to the last 1/2 hr of trading yesterday. That was amazing. With no news... it seems that there is a growning number of people who want a piece of this company. Can't wait to see what Monday... and next week... and the week after that... etc, will bring.