12-05-2023, 06:13 AM
The only thing I can think of is that these numbers are referring to short term investments vs long term investments rather than someone actually 'shorting' the stock IE: they are selling stock they don't own so that they can buy the stock later at a cheaper price netting a profit.
From a capital gains taxation perspective any stocks that I sell at a profit within a year of buying is considered a short term gain where as any shares I sell at a profit after owning them for a year is considered a long term gain.
So when I look at my portfolio I have a distinction between short term and long term assets that simply refers to whether or not i've owned the stock for over a year or not.
https://www.investopedia.com/articles/pe...tal%20gain.
The idea that someone out there is actually 'shorting' the stock seems hard to believe so maybe its just a matter of terminology and referring to stocks that were bought within the last year.
That being said I have absolutely no clue what's going on with the stock or company or why you'd want to go to market with a Joint Venture named Deep Sea Mining Fund. I find it interesting that they say the project assets are currently held on 'care and maintenance' which maybe implies that once they're ready to move forward the assets will be transfered back to Nautilus which is owned by DSMF...wishful thinking I know..
Deep Sea Mining Finance Limited (DSMF), which is 50% owned by Mawarid along with a group of private individuals, acquired the assets of Nautilus Minerals Inc. (in liquidation). The project assets are currently held on care and maintenance as DSMF develops a farm-in arrangement with a group interested in developing the Solwara 1 Project.
From a capital gains taxation perspective any stocks that I sell at a profit within a year of buying is considered a short term gain where as any shares I sell at a profit after owning them for a year is considered a long term gain.
So when I look at my portfolio I have a distinction between short term and long term assets that simply refers to whether or not i've owned the stock for over a year or not.
https://www.investopedia.com/articles/pe...tal%20gain.
The idea that someone out there is actually 'shorting' the stock seems hard to believe so maybe its just a matter of terminology and referring to stocks that were bought within the last year.
That being said I have absolutely no clue what's going on with the stock or company or why you'd want to go to market with a Joint Venture named Deep Sea Mining Fund. I find it interesting that they say the project assets are currently held on 'care and maintenance' which maybe implies that once they're ready to move forward the assets will be transfered back to Nautilus which is owned by DSMF...wishful thinking I know..
Deep Sea Mining Finance Limited (DSMF), which is 50% owned by Mawarid along with a group of private individuals, acquired the assets of Nautilus Minerals Inc. (in liquidation). The project assets are currently held on care and maintenance as DSMF develops a farm-in arrangement with a group interested in developing the Solwara 1 Project.