Posted on 12/03/2021 12:51:10 PM PST by RomanSoldier19
They're avoiding the increased taxes they're going to pay starting January.
Moving it out of Biden’s way
Crappy blog is crappy
Never mind “why are they dumping stocks”.
Why are they all building fortified farmsteads on the South Island of New Zealand?
“Often true…”
Reread the statement. Absolutely false.
IMO stock prices are up in large part due to inflation. The higher dollar values are in inflated currency. Though the whole market seems to be a big casino to me in any case. Profits?!?! Ok, Boomer!1!!LOL
Interest rate increases will adjust the market down.
*************
Correct. The higher the discount rate, the lower the present value of future cash flows
There have been times in history where you would’ve waited 20 years after a correction for the market to get back to even.
I’m giving your declaration. “Mostly False” rating
You beat me too it, forget the stock moves. Why has pretty much every billionaire build apocalypse bunkers in a remote island on the other side of the world off the plane of the ecliptic mind you. Why is that important because nearly every major comet and asteroid orbits in or near the solar plane of the ecliptic the odds of an astrological impact are lowest at the poles and next lowest is far as one can be from the plane of the ecliptic guess where New Zealand falls.
“I’m giving your declaration. “Mostly False” rating”
Perhaps this can help you:
Here’s why Microft and Amazon execs are selling their stock:
Capital gains tax
The 2021 Washington State Legislature recently passed ESSB 5096 (RCW 82.87) which creates a 7% tax on the sale or exchange of long-term capital assets (stocks, bonds, business interests, or other investments, and many tangible assets) if the profits exceed $250,000 annually. This tax applies to individuals only, though individuals can be liable for the tax as a result of their ownership interest in an entity that sells or exchanges long-term capital assets. It is only applicable to gains allocated to Washington state. The tax takes effect on Jan. 1, 2022, and the first payments are due on or before April 18, 2023.
“Though the whole market seems to be a big casino to me in any case. “
ROTFLMAO!
As well as funding their joint venture BEV.
—> Perhaps this can help you:
“Mostly False”
Everyone sells in late nov/dec to offset capital gains with losses and buys the same stock back in 30 days.
Likely re-investing it to reset the basis.
Always watch what the insiders are doing. They are taking their cash now, before the price drops due to misses in earnings. Insiders know what the prices of materials are going to, and realize that they cannot raise their prices high enough to cover the increased costs and maintain their market share in a dwindling market. Hence the earnings misses.
Further they probably want to unload their positions, before taxes get the majority of their earnings. The stocks are usually paid as performance bonuses (in lieu of cash) and they know they are going to get soaked going forward.
None of this is going to end well, for any of us.
Inflation and dropping stock prices will wipe out most middle class estates, thus the heirs will inherit dust.
THAT’S the real reason
During the southern hemisphere summer N.Z. is facing the ecliptic on the sun’s side head-on. The earth’s axis of rotation is off perpendicular by 26°, I believe it is.
NASDAQ down 295.85 points
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