RE: WAKE UP!29 Dec 2022 14:13
I don't think a complete takeover will happen when there is too much going on in US markets.
Tbh, it's starting to looklike 2008 out there .
People have made charts of their indices that line almost perfectly.
Also, the same systemic problems still exist,
and more problems have been piled on top like unsustainable debts.
However, I think there's a good chance that Igas will disclose in 2023
that it has been buying back shares and will be until the sp reaches fair value.
I've worked out that they can do this rather cheaply & shared the info with them.
General idea is rising buys at regular intervals, every week, from April of one year to April of the next.
I think they may have done couple of purchases, but only when there are participants available
that do the same that I described before, that is rising sellls of small tranches of large investments.
If there aren't enough participants (about 10-15 investors, 2k per tranch), Igas cannot buy the shares at rising prices.
So, to fix this, some investors selling off tranches have to roughly coordinate with Igas buybacks.
If done right, coordinated buybacks could give buyers an interest rate of sorts (on average throughout a tax year), and this can be worked out to follow bond rates, so that Igas shares will be competitive with some bonds, or dividend stocks but w/o dishing out dividends in an unsustainable way.