Boiler Room: The Official Stock Market Discussion

Scholar

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Eldorado Resorts, Inc.'s Chief Financial Officer, recently acquired 18,437 shares of the company. The buys took place at $18.93 per share, on May 04, 2020. Yunker now owns 37,284 shares of the company. Yunker operates out of Reno, NV.

:jbhmm: Insiders only buy for one reason
Nah this purchase was probably established months in advance
 

winb83

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Apparently some scumbag wanted to see people burn so he sold 700k worth of his shares to make MVIS drop like a fukking brick. After that a domino affect with everybody stop loss...:mjlol:


He did all that just so he can buy MVIS at a lower avg.. Its a good thing my stop loss is at .75..:russ:
There's literally no point in this because if you sell and repurchase within 30 days it's a wash sale.
 

DrDoom

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Anyone have thought on MGM going back up next yr? I bought 16+ shares
 

Hahahaha

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Anyone have thought on MGM going back up next yr? I bought 16+ shares

If we are in an extended recession, casinos got killed during the last one. I'm personally staying away from them but they will eventually bounce back at some point.
 

Tug life

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There's literally no point in this because if you sell and repurchase within 30 days it's a wash sale.
If I understand correctly a "wash sale" refers to selling at a loss to offset capital gains taxes. If you sell at a a profit and buy back low in hopes of the price rising that's a win. So if you're not trying to offset capital gains you good.
 
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