Author Topic: LILA - Liberty Global Latin America tracker  (Read 146107 times)

WayWardCloud

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Re: LILA - Liberty Global Latin America tracker
« Reply #430 on: September 30, 2020, 03:00:31 PM »
Does anyone know if selling a class C from any of Malone's companies to buy a class A or vice versa counts as a wash sale?
Could the two securities be considered as "substantially identical" even though they hold different voting power and trade at a slight price discrepancy?
« Last Edit: September 30, 2020, 11:10:45 PM by WayWardCloud »


jgyetzer

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Re: LILA - Liberty Global Latin America tracker
« Reply #431 on: September 30, 2020, 03:59:19 PM »
I had the same thought recently. It appears that an options trade for the same security can trigger the wash-sale rule. Based on that I would guess that trading shares of equivalent economic value would also.

NotSoWise

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Re: LILA - Liberty Global Latin America tracker
« Reply #432 on: October 07, 2020, 03:30:32 AM »
For those who subscribed - do you have the newly issued shares on your brokers account?

jgyetzer

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Re: LILA - Liberty Global Latin America tracker
« Reply #433 on: October 07, 2020, 04:37:03 AM »
Yes.  Did you not receive them?

NotSoWise

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Re: LILA - Liberty Global Latin America tracker
« Reply #434 on: October 07, 2020, 06:44:23 AM »
I am in EU, so have always delays - this morning I sent the email with question to the broker and they said they will book new stocks today. It probably took so long because of the weekend between 2nd Oct and today.

alwaysinvert

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Re: LILA - Liberty Global Latin America tracker
« Reply #435 on: October 09, 2020, 07:23:15 AM »
Seems like a somewhat of a return to market pricing now, keeps closing that performance gap with Tigo. Still trades just about the March lows levels, though. Don't know why it moves so much today, Goldman buy recommendation?

NotSoWise

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Re: LILA - Liberty Global Latin America tracker
« Reply #436 on: October 09, 2020, 08:32:13 AM »
Goldman and Morgan Stanley have just issued buys. GS at usd 15 and MS at usd 11. If the results are ok in 3/4Q, they will rerate buys to higher targets. Nice to see it moving up after 4 years of permanent disappointment, but for me its a long term hold, 5-7 years  at least.

Now all eyes are on Scotiabank - their last one is sector perform at usd 6.6...