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re: AMC, the stock of the retail investor, possibly involved with insider trading in Hycroft
Posted on 3/16/22 at 7:19 pm to buckeye_vol
Posted on 3/16/22 at 7:19 pm to buckeye_vol
quote:
You picked the wrong definition of basis.
I picked the definition I was referring to when I typed the word basis. I'm pretty sure the IRS doesn't write the Webster dictionary. Regardless, he knew what the spirit of the statement was, and is butt hurt because he sat on the sidelines and downed people and said the company would issue more shares and/or go bankrupt. He was dead wrong and even questioned his statements by not buying puts if he really felt that. I have made money on AMC, and it wasn't from listening to him. Quite the opposite.
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