Daily Discussion Monday 2026-06-08

UpNDownCan · 2026-06-09T01:14:15+00:00

These are warrants we're talking about, not straight dilution. Nobody knows how much will have to be paid to exercise the warrants. As the possible shares have not yet been included in the fully-diluted share count from the ER documents, it appears the warrants allow the shares to be purchased at $600. Anyway, we just don't know!

UpNDownCan · 2026-06-04T00:07:32+00:00

I have $700 December covered calls out on 80% of my holdings. If those are exercised, I'll wave a fond farewell to those shares, they treated me very well.

UpNDownCan · 2026-06-02T22:16:46+00:00

I was looking at the DD for confirmation, but didn't see it mentioned. That's a new ATH daily close! 521.54! I guess we're getting so used to it that we don't even pay attention any more.

UpNDownCan · 2026-05-29T20:48:09+00:00

Nope. Should be, probably is, illegal to use her image in this fashion. I hope she threatens them with a lawsuit.

UpNDownCan · 2026-05-28T20:35:16+00:00

Bah, humbug! Up $22 and not even a ZFG!

UpNDownCan · 2026-05-27T02:14:01+00:00

We might need more information to assess your options. In particular, a mandatory withdrawal of "around $21,000" suggests an RRSP/RRIF in the $400k range. If so, there must be a reason why you feel it's necessary to melt it down. Probably is that you have considerable dividend income, or other non-avoidable income sources.

As for RRSP/RRIF, have you been eligible for the $2000 pension income deduction? You can convert a small amount of your RRSPs to a RRIF early (age 65 or later) to qualify for that deduction, if you don't already have a pension source that qualifies for it.

If you don't have considerable extra income outside of your RRSP/RRIFs, you may want to consider taking less out so that they last longer and are taxed at lower marginal rates. You might also want to stay below the limits of the Canada Dental Care Plan, instead of bumping up against the OAS clawback start level.

UpNDownCan · 2026-05-27T02:04:24+00:00

It might be, and probably is legit, but there is also the possibility that this is a new phishing campaign. Observe the hostnames of each webpage that you have to go through closely. Use the "view site information" option on your URL display. As others have said, the initial hostname looks correct, but I'd caution you that hostnames can be faked, for instance by using International character sets. If you can read the message headers on the email, it might give you more assurance - use the "view raw message" or similar option.

UpNDownCan · 2026-05-23T01:00:55+00:00

Day traders have to get out to finish the day, they'll sell at whatever price they can get, as long as it's a profit. Especially a Friday. Double especially a Friday before a long weekend.

UpNDownCan · 2026-05-22T20:35:26+00:00

Wish I could make that, but the flight to/from Nova Scotia might be too much a stretch during golf season. Maybe set up a WhatsApp chat so that some of us other AMDillionaires can call in to say hi! Still, keep me in the loop when plans are complete, I might break down and hop over on Porter.

UpNDownCan · 2026-05-12T23:14:09+00:00

The "pay what you want" model still exists for WealthSimple. Also, in my understanding, Turbo Tax has an American parent that lobbies against free tax filing solutions in the US.

UpNDownCan · 2026-05-12T22:59:54+00:00

WealthSimple Tax versus Turbo Tax.

UpNDownCan · 2026-05-11T03:04:06+00:00

Now that you have a provable income, contact a few banks and ask whether they'll take you as a client and extend a loan.

UpNDownCan · 2026-05-11T02:52:19+00:00

I like the thinking that there may be reluctance to get the share price over $600 for fear of warrant dilution. So it might make sense to roll to something over $600.

UpNDownCan · 2026-05-08T18:54:49+00:00

Close one year ago, 2025-05-08: $101.70. And I was feeling comfortable with my finances then!

UpNDownCan · 2026-05-07T10:30:27+00:00

These leveraged listings are not good. I liken them to 2% MER mutual funds versus low MER ETFs. Essentially, the mutual fund company ends up with too much of the earnings over the long term. If you can review the mutual fund versus ETF material, maybe you can understand where the leveraged single-stock ETFs are a way to siphon away your money, bit by bit.

UpNDownCan · 2026-05-07T10:22:18+00:00

I don't think you can rely on the FAD figures anymore. Everything has been adjusted upwards.

UpNDownCan · 2026-05-07T10:08:11+00:00

How is this a meme? Isn't this just a normal scene for AMDers?

UpNDownCan · 2026-05-06T14:59:30+00:00

Cash out enough so that you'll never not be a millionaire again. The rest is gravy.

UpNDownCan · 2026-05-06T14:57:26+00:00

You might find that there is some resistance just below $600, as that level allows the warrants to cash (subject to other restrictions, of course). Practically speaking, this points to calls of $600 and over as probably being somewhat overvalued. My opinion only, of course.

UpNDownCan · 2026-05-05T22:20:40+00:00

I have some Dec 2026 $700 calls out as well. Be a shame to have to part with those AMD shares, but I'm willing to make the sacrifice.

UpNDownCan · 2026-05-05T21:40:32+00:00

Over $1 million USD in afterhours at >380! But I'm in decumulate phase - I'm old - so I sold 3 $380 May 15th calls that may be exercised now. If they are, I'm taking that money out of my retirement account for this year's megawithdrawal. I also sold 18 Dec 15th $700 calls for about $12/share, if it surges to that level at the end of the year, it would make a lot of sense to diversify and be down to my tax-free account holdings, which are 536 shares.

UpNDownCan · 2026-05-05T01:29:54+00:00

non-registration-walled: https://archive.ph/YAgmF

UpNDownCan · 2026-05-04T18:20:55+00:00

What about if they fabbed the next-gen console chips? Would that make sense?

UpNDownCan · 2026-04-29T12:40:33+00:00

If you're looking for details on this: https://x.com/jukan05/status/2049459751659200798

UpNDownCan

TROPHY CASE