trading the IRL thesis perfectly then roundtripping everything

Summary

Thread Guy recounts perfect execution of his IRL events thesis through AMC and StubHub, only to see gains evaporate due to corporate actions (dilution, CEO scandal). He highlights missed rallies in Sanrio, IMAX, and the Sphere and reveals buying Shaws after a whale purchase.

• Originally bullish on IRL events (movies and sports) with AMC and StubHub as expressions.
• Sold AMC after CEO diluted stock by 50% following a 75% surge.
• Exited StubHub before a 21% drop but notes the CEO runs a hedge fund scalping tickets on the platform.
• Missed out on Sanrio (+45%), IMAX (+40% peak), and Sphere's strong chart.
• Bought Shaws, an Australian Neocloud, after a notable investor (Leopold Ashen Brener) acquired a 20% stake.
• Platform issues: Robinhood withheld 25% of gross sale proceeds due to tax doc approval requirement.
• Frustration over scammy behavior by corporate insiders and platforms.