Mimecast Limited (MIME) Is good name in email security that is in the Phantasma. . $44-$53 recently. $53.51+0.32 At close: July 2 4:00PM EDT
Boooooo On Biden! Biden proposal is 'a pretty cruel tax hike': Kevin Brady Fri, July 2, 2021, 6:48 AM President Biden's proposal to raise taxes on the wealthy could hit middle class Americans. "I think it's a pretty cruel tax hike," U.S. Representative Kevin Brady (R-Tex.) told Yahoo Finance Live. "While it's billed as hitting the wealthy," Brady said, the changes would raise taxes on "family-owned farms and businesses, Americans who have created a nest egg, usually in property for them or for the next generation." Biden's American Families Plan proposes to eliminate what is known as the "step-up in basis" on assets that people, when they die, leave to relatives. "The current tax law states that when a person dies, basis is stepped up at death, to the fair market value as of the date of death," according to Bankrate.com In other words, a parent buys a house for $1 million dollars. After several years, they die and leave the house, now worth $5 million, to their kids. That $4 million gain is not subject to tax because the heirs use the "step-up in basis" to exempt the gain from the capital gains tax.<---- MY NYC APT!!!!!! The Biden administration issued a summary of the plan which says it wants to,"close this loophole, ending the practice of “stepping-up” the basis for gains in excess of $1 million ($2.5 million per couple when combined with existing real estate exemptions) and making sure the gains are taxed if the property is not donated to charity." IDIOT IDEA.
for some reason have been digging around on EDGAR this weekend looking for insider stock purchases. here's a couple: Foley Trasimene Acquisition Corp. (WPF) Merge with Alight was supposed to happen friday, with ticker change probably tuesday William Foley bought: Class A common stock 06/28/2021 P 100,000 A $9.985 other insiders bought WPF too on the 28th Pulse Biosciences Inc PLSE DUGGAN ROBERT W- board member- bought Common Stock 06/30/2021 P(1) 3,048,780 A $16.4 This was some sort of deal with the company to cancel debt etc. stock climbed on the news then fell back some Larimar Therapeutics Inc LRMR 9.89 USD+0.15 (1.54%)today After hours 10.90 +1.01 (10.21%) Several insider buys reported on 7/2, probably why there was that after hours jump. This stock lost half it's value in may when a study was put on pause
things are opening up again and my workplace decided it's time to get together for dinner! we're headed to a trendy restaurant I've never heard of so I checked out it's website. lo and behold i can take a VR tour of the place and what do i see -- powered by MATTERPORT! i already traded in and out of this one, but i'm thinking thinking Van, you found one for my buy-and-hold portfolio!
"...Matterport today is in 150 countries. We are Matterporting everything from homes to high rises, hospitals to hotels, and everything in between. https://finance.yahoo.com/video/matterport-ceo-going-public-via-215250043.html
Yeah it'll be fine. They need a couple quarters under their belt. Gore's not stupid, far from actually. The man doesn't throw money away. Old school and cheap af. Lots of smart money in this one. There'll be a big move soon enough. SPAC anxiety has to settle for the cream to rise. Patience is a lost art in the age of.... ... the age we live in. BTC, AMC, GME, HOOD This is a good stock if they keep expenses down, which Gore will see to too. That's why I liked it out of the gate. Match a cutting edge tech that swims in a sea of patents with a crotchety old billionaire that knows the game... odds are you've got a winner. SPAC-fear or not, time has a way of moving on. -vz
looks like shares jumped on wed due to some facebook partnership news. wonder if it will come back a little. https://www.sec.gov/Archives/edgar/data/0001819394/000119312521204843/d552795d425.htm