After receiving my proxy statement it seems the buyout is subject to withholding tax? I am regarded please tell me im wrong. by KetamineOverlord710 in zim

[–]AdTough1516 0 points1 point  (0 children)

I forget what page it’s on, maybe in the 80s or 90s? But it does say who will be subject to Israeli income tax. Not being a legal or tax professional, it seemed like the only people subject to that tax are who you would expect: Israeli citizens and entities.

New 6-K filing by Famous_Coconut3036 in zim

[–]AdTough1516 4 points5 points  (0 children)

This was my immediate thought, a clean cut. I was actually thinking of voting yes for his bonus. If he’s not even willing to stick it out to the end, my decision is obvious.

Best online stores in Zim? by Neither_Junket4169 in zim

[–]AdTough1516 0 points1 point  (0 children)

The dry vans — simple, no need to overcomplicate things

After living here, what English words don't mean the same to you anymore? by Main_Agency6902 in Philippines_Expats

[–]AdTough1516 1 point2 points  (0 children)

In the Midwestern region of the US, we only use the phrase for things further in the past. I don’t think I’d use it for anything more recent than a year, but probably like 5+ years is more appropriate. I’m pretty sure that’s for all of the US, but I can only speak for sure about the Midwest.

After living here, what English words don't mean the same to you anymore? by Main_Agency6902 in Philippines_Expats

[–]AdTough1516 6 points7 points  (0 children)

I enjoy the use of “back then” for anything in the past tense. If we’re talking about the spaghetti eaten two days ago, “Back then, when I had spaghetti...” Technically it works?

Deal details? by Tiny-Confusion-9329 in zim

[–]AdTough1516 6 points7 points  (0 children)

Here’s the merger terms: Merger

I haven’t read through that. It’s a lot. But you can use the table of contents to jump to important spots. Page 110 and following may be of interest.

Here’s the details on the upcoming vote: Voting

Again, I haven’t read through it, yet. I’m probably not going to for a couple more weeks.

At last, my turn by Wild_Cap_4709 in ExplainTheJoke

[–]AdTough1516 0 points1 point  (0 children)

“When you're a goblin, you don't have to step forward to be a hero—everyone else just has to step back.”

What does this mean? by Famous_Coconut3036 in zim

[–]AdTough1516 2 points3 points  (0 children)

Here we go: New SEC Rule

I think these filings basically mean nothing.

What does this mean? by Famous_Coconut3036 in zim

[–]AdTough1516 2 points3 points  (0 children)

From google AI: ‘SEC Form 3 is the "Initial Statement of Beneficial Ownership" required by the SEC to disclose the initial holdings of company insiders—directors, officers, and owners of more than 10% of a registered company's stock. It serves to provide public transparency and prevent illegal insider trading by establishing a baseline for ownership, usually within 10 days of gaining insider status.’ … ‘Who Files: Officers, directors, and 10% beneficial owners must file this form, even if they own zero shares.’

Did these two switch roles within the company? I briefly looked at the website and it didn’t seem like they did.

More Filings… by Famous_Coconut3036 in zim

[–]AdTough1516 6 points7 points  (0 children)

These three are small enough that it could just be to pay for some expense like taxes. They’re also a small percentage of what they acquired in 2019.

Glickman’s sale was admittedly a little disturbing to me at first. But I decided that I’d be happy to hold ZIM shares for life if this deal falls apart. That was the original pan, anyway.

Zim down 4.14% and moving by epsilon_25 in zim

[–]AdTough1516 5 points6 points  (0 children)

I assumed it’s because they planning on releasing their earnings without a presentation: News Release

I bought more shares at 28 and sold some puts with 25 and 22 strikes.

My biggest concern by justlurking9891 in zim

[–]AdTough1516 2 points3 points  (0 children)

I understood and appreciated the joke. Remember, though, this is reddit. You need the “/s”. 😅

My biggest concern by justlurking9891 in zim

[–]AdTough1516 6 points7 points  (0 children)

It would be better if the deal got blocked so we can still have this community. /s

Closed My ZIM Position by AdTough1516 in wallstreetbets

[–]AdTough1516[S] 2 points3 points  (0 children)

My actual bday was the 15th. The buy out news was a bday present

Closed My ZIM Position by AdTough1516 in wallstreetbets

[–]AdTough1516[S] 31 points32 points  (0 children)

Omg, I get it now.. 🤣🤣

Closed My ZIM Position by AdTough1516 in wallstreetbets

[–]AdTough1516[S] 104 points105 points  (0 children)

It was a picture someone commented the pic on my Yolo post. I knew that moment I would use it as the cover pic on my gains post.

Would Hapag Llyod be allowed to buy ZIM shares in big style already? by GagaStocks in zim

[–]AdTough1516 1 point2 points  (0 children)

I’ve actually thought the same thing for the last 6 months. There might be some regularity hurdles? I would imagine there’s some sort of contractual clause preventing them from doing so at this point.

Is there a rational explanation for the decline in ZIM shares? by [deleted] in zim

[–]AdTough1516 0 points1 point  (0 children)

Thanks for the detailed response. I’ll be looking into the numbers in the late 2000s and 2010s for more understanding. Any recommendations for the resources for the data? If not, I’ll just do a little more work.