/biz/ - Business & Finance

>>54428132
brainlet here, can someone explain to me why it makes financial sense to realize losses just to be able to deduct that loss from taxes? Don't you lose a fuckton more in principle than in what you gain in tax savings? This logic never made sense to me

>>28736259
waiting for it to drop to $208 before I put another grand in, it's gonna go right back up

>>27676425
>all people have to do is continue to buy or new buyers need to jump in and then everyone just fucking hold

considering how all of the "diamond hand" redditors panic sold immediately, I think this is a good bet on the hedgies part. Idiots bit off more they can chew and pulled out at a loss soon as things went south, so the price is bound to drop

UNLESS competing funds buy in like Blackrock just did for AMC. Blackrock's buy barely moved the price however, which suggests that the volume of buys would have to remain sky high for a long time. It's a waiting game, and the hedge funds can wait years while most retailers can only wait days

>>27224261
no one cares
we're still gonna buy it because fuck it

>>26957654
>23.7% share short only

I will never financially recover from this

>>18510570
>>18510586
>not filing your own taxes like a godamned adult

laugh my ass off

>>17496436
I'm not invested in the stock market, I'm here for the denial posting. Makes the red wojaks that are about to flood this board for the next 6 months all the more satisfying