Trading Summary - December 10. Today saw the st
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Posted On: 12/10/2019 6:35:48 PM
Trading Summary - December 10.
Today saw the start of buying out of the undercut ask at .0002 - most likely first created when some traders chose to maximize their 2019 tax benefits in the November 1 to November 7 time frame yet be ready loaded again for the January 2, 2020 catalyst.
https://investorshangout.com/post/view?id=5486035
Anyone who sold a small portion of their inventory for a tax loss then - the most likely explanation for the selling at the time with so much ahead in 2020 - is now eligible to buy back more shares than they sold - at a cheaper price than the cost basis of the ones most probably sold without having the tax loss disallowed due to a "wash sale".
The buying today was immediately noticed and commented upon in the top traders' network room and in both large Whale Team rooms on slack and telegram.
At the close there were just 30M left at .0002 .
Expect the remainder of the .0002s to get taken at some point before end-2019 without warning and for the .0003s to start as well.
It is now too late for anyone to take an allowable 2019 tax loss - and buy back $IJJP at any price - before the likely next run prior to the catalyst expected around January 2, 2020.
Reminder - Tax Loss Disallowed ! You will incur a "wash sale" and have a tax loss disallowed if you:
- Sell any shares that had a purchase cost basis higher than any shares you have bought in the last 30 days.
or
- Buy shares at any price within 30 days of those that you sold for a tax loss.
Warning ! Anyone who is seen posting nonsense on iHub on any on the thinly traded stocks I'm a shareholder in - especially when small paint downs are also seen along with undercut asks - can expect to have their user ID passed to the SEC which has now started to take action against those using the exact modus operandi I have detected and commented on for the past 2 years:
https://www.sec.gov/news/press-release/2019-216
Nonsense posters on iHub today:
"sosjtb" [repeat long-term offender]
"Orange Cassidy" [recently active basher duplicate alias - only 2,606 posts since 01/31/2012 - with large time interval gaps - first on $IJJP 12/4/2019 - scamming for cheap shares]
Today saw the start of buying out of the undercut ask at .0002 - most likely first created when some traders chose to maximize their 2019 tax benefits in the November 1 to November 7 time frame yet be ready loaded again for the January 2, 2020 catalyst.
https://investorshangout.com/post/view?id=5486035
Anyone who sold a small portion of their inventory for a tax loss then - the most likely explanation for the selling at the time with so much ahead in 2020 - is now eligible to buy back more shares than they sold - at a cheaper price than the cost basis of the ones most probably sold without having the tax loss disallowed due to a "wash sale".
The buying today was immediately noticed and commented upon in the top traders' network room and in both large Whale Team rooms on slack and telegram.
At the close there were just 30M left at .0002 .
Expect the remainder of the .0002s to get taken at some point before end-2019 without warning and for the .0003s to start as well.
It is now too late for anyone to take an allowable 2019 tax loss - and buy back $IJJP at any price - before the likely next run prior to the catalyst expected around January 2, 2020.
Reminder - Tax Loss Disallowed ! You will incur a "wash sale" and have a tax loss disallowed if you:
- Sell any shares that had a purchase cost basis higher than any shares you have bought in the last 30 days.
or
- Buy shares at any price within 30 days of those that you sold for a tax loss.
Warning ! Anyone who is seen posting nonsense on iHub on any on the thinly traded stocks I'm a shareholder in - especially when small paint downs are also seen along with undercut asks - can expect to have their user ID passed to the SEC which has now started to take action against those using the exact modus operandi I have detected and commented on for the past 2 years:
https://www.sec.gov/news/press-release/2019-216
Nonsense posters on iHub today:
"sosjtb" [repeat long-term offender]
"Orange Cassidy" [recently active basher duplicate alias - only 2,606 posts since 01/31/2012 - with large time interval gaps - first on $IJJP 12/4/2019 - scamming for cheap shares]
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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