Sold everything last week.
Now I’ll just wait and buy it back at a lower price. Sorta like the buy back. Think about the buy back and the proposed tax the Biden Admin wanted to impose.
Th Biden Admin knew this was coming and knew corps would want to do a stock buy back at $stocks bottom. They can control additional proxy votes, use the low buy back stock to borrow operating funds, hold the stock low until a substantial amount of stocks are acquired, then 2 years down the road, presto, quadrupedal profits, selling a rising stock and the markets are off and running for the bulls.
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September 20, 2021 at 09:03AM