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Quote:
Originally Posted by Tellafriend
Quote:
Originally Posted by Tellafriend
You are welcome 1step. You can repay me by sending BigBird some dick pics so he will quit asking me.
https://www.nasdaq.com/nasdaqundefin...ity/stocks/aci
When you're right you're right. Glad I stayed away.
Also, that freak keeps sending me msgs and PM's as well. If I had to pick who is closeted, I would put my money on him.
Quote:
Originally Posted by OSAQuote:
Originally Posted by Tellafriend
When you're right you're right. Glad I stayed away.
Also, that freak keeps sending me msgs and PM's as well. If I had to pick who is closeted, I would put my money on him.
He behaves like an 8th grade boy. A closeted, loser at that.
Tax question (so yeah I'm just asking for an informed hot take, not actual tax advice).
Friday I took 370 put contracts on QQQ ( $14,000 cost basis give or take) and paid about 80 cents each both ways for approx $600 in commissions/fees.
Sold at a $3150 profit, or $2550 after commissions/fees.
Can someone confirm or deny that the $600 gets added to cost basis for tax purposes? So my cap gains is like 30% of $2550, not $3150?
Again I know its sketchy asking for tax advice, I'm not looking for legal opinions, just trying to sort out the basics.
hey 'tine, fairly certain it's your net profit so it's the after commission number that gets taxed...Quote:
Originally Posted by sonatine
EDIT: https://finance.zacks.com/stock-comm...ling-8230.html
yeah paying taxes on the commission part of it would be fucking brutal...
words cant express my relief.
E-Mini S&P quite the roller coaster already
Feels like we need to call in the cavalry. General Powell
Damn,
I had bought Facebook puts at 228 and at 220 Friday. I sold them at profits, but it is at 208 now. Could have really cleaned up if just held onto them.
FAO San:
More than 200 gym-goers in West Virginia are being urged to quarantine after a Planet Fitness client tested positive for Covid-19, health officials say.
I was looking at PLNT as a put opportunity based off this news, but after the initial drop (which wasn't much) which I missed because I hadn't seen the news yet, the stock rebounded half back.Quote:
Originally Posted by simpdog
But I guess this gets us to a broader point, which is which stocks we think are particularly vulnerable for big falls (from where they are now) as the country starts to reclose?
My Wynn put expired Friday, thank god, as it rebounded today. But casinos... all day everyday but that move already happened.Quote:
Originally Posted by verminaardI was looking at PLNT as a put opportunity based off this news, but after the initial drop (which wasn't much) which I missed because I hadn't seen the news yet, the stock rebounded half back.Quote:
Originally Posted by simpdog
But I guess this gets us to a broader point, which is which stocks we think are particularly vulnerable for big falls (from where they are now) as the country starts to reclose?
For your radar Direxion WFH..... work from home Basket of stocks like Zoom.
Our gym has not opened. Next Monday. Absolute nightmare & unmitigated disaster. The only thing worse would be a re-closure which is a near certainty.
The run today has me baffled
It takes just one phone call from a member that they are sick. Then you shut down for a deep cleaning... board of health groveling .... big write up in local paper... write credits like a motherfucker.
Boats, Pools & RV’s are shattering sales records.
Boats caught me by surprise. The Fed transfer of trillions to asset holders has to go somewhere. Be nice if the Treasury put money into the economy next time.
Quote:
Originally Posted by SanlmarMy Wynn put expired Friday, thank god, as it rebounded today. But casinos... all day everyday but that move already happened.Quote:
Originally Posted by verminaard
For your radar Direxion WFH..... work from home Basket of stocks like Zoom.
Our gym has not opened. Next Monday. Absolute nightmare & unmitigated disaster. The only thing worse would be a re-closure which is a near certainty.
The run today has me baffled
I think a lot of it was Boeing. I actually jumped on at start of day, but jumped off at 184 with small profit and missed most of the afternoon runup.
Story of my investing life. Leaving so much on the table.
My brother in law has started buying Air BnB's in rural camping/hiking/boating areas with the thesis this is going to take over international travel. He has 3 places and looking for more. So far he is making $$ every month on top of the equity.Quote:
Originally Posted by Sanlmar
We are actually thinking of getting in. We have $25K set aside for the downpayment on a spot and looking in the Joshua Tree area. But I know jack shit about landscaping, home decorating, etc., so I pretty much need something that is ready to go as is.
Quote:
Originally Posted by verminaard
spy puts
Most my hand held computer device life I’ve always wanted to look at this have own the stock at the top of it.... “just once in my life”.
Time to call the casket maker
Good luck with the opening.Quote:
Originally Posted by SanlmarMy Wynn put expired Friday, thank god, as it rebounded today. But casinos... all day everyday but that move already happened.Quote:
Originally Posted by verminaard
For your radar Direxion WFH..... work from home Basket of stocks like Zoom.
Our gym has not opened. Next Monday. Absolute nightmare & unmitigated disaster. The only thing worse would be a re-closure which is a near certainty.
The run today has me baffled
Did you hire your son back or is he further down the list? And is room/board during a pandemic considered compensation for him?
There is half a chance we get delayed when our Governor has his weekly Thurs press conference.Quote:
Originally Posted by simpdog
Nope. I want to see green money 1st of the month.
Kid went in every day we were closed whether he was collecting or he was being paid under the Paycheck Protection Plan. Not one word was spoken. He just knew the score.
We are open in a limited way cause we do broadcast exercise video and have some sports going on. He is the guy aiming the gun at your head and the point man on customer questions. He has to wear a mask the entire time. Occasionally the local health inspector stops by and rich militant liberals abound. Brutal.
Kid says every day, “this whole coronavirus thing is stupid”. Angry. No amount of discussion can overcome how upset he is. It’s his generation. They are so fucked.
Quote:
Originally Posted by OSAThis bodes well for SWBI amd RGR, if this is true
$13.96 at the time of posting.... $20.96 right now.
Almost 40% gain in 1 month.
If you would like to show appreciation:
https://pokerfraudalert.com/forum/sh...OR-OSA****'
TIA
Did some $8 PLUG calls for 7/31. Hope it is the next WKHS (which I missed). It is pretty active on Robintrack.
Also did a SPY 307 put. Feels like 307 is the top. We shall see.
Gold broke $1800 for first time since 2011 and I just shorted SPX emini at daily high.
Powell is blunt. I’ll catch a swing
speaking of gold, does anybody here have experience with buying actual physical?Quote:
Originally Posted by Sanlmar
I was thinking about buying a few coins if the price got in the $1500-1600 range...
Quote:
Originally Posted by DalyMost my hand held computer device life I’ve always wanted to look at this have own the stock at the top of it.... “just once in my life”.
Time to call the casket maker
Well it was a run. Going to hit gain one day and loss the next.
Powell & Munchkin are rubbing dirt on their hands right now before they enter the box.
Kudlow is on his second martini. Maybe he will share a bump with me. I might need it
Lol, Kudlow is quoted by CNBC as saying, “Powell should lighten up a little”.
Not everyone is an addict Larry.
Fade in.
Feb 2, 2021, 12:30pm Treasury Secretary Elizabeth Warren Appears before the committee
Thanks Donald
I tried to turn on the Powell hearing. It is joke. There is some black Representative going full SJW demanding Powell and Munchin bend the knee and lick his boots. It really is a clown show. The question is what does this mean for the market? That I don't know.
Gave up 10 points from the start and never got too negative. You could feel there was no fear. Toward 2:15 ish you could feel the relief. I closed a short.Quote:
Originally Posted by verminaard
On the flip side, 3pm - 4pm they juiced the SPX 30 points. They juiced it 20 points yesterday in a similar fashion. Only caught a bit.
Shit is wack
I let my July 2nd 307 short ride. Will probably be worth nothing tomorrow.Quote:
Originally Posted by SanlmarGave up 10 points from the start and never got too negative. You could feel there was no fear. Toward 2:15 ish you could feel the relief. I closed a short.Quote:
Originally Posted by verminaard
On the flip side, 3pm - 4pm they juiced the SPX 30 points. They juiced it 20 points yesterday in a similar fashion. Only caught a bit.
Shit is wack
https://www.stockamets.com/filed...9&d=1593525468
could have tripled that if i stayed in past the dip but fuck that.
https://www.youtube.com/watch?v=T7_K28GZHdo
keep an eye on aapl tomorrow if it breaks through 366.
https://www.stockamets.com/forum...l-july-17-372c
oh also look for another absolute bloodletting on fb tomorrow. i wont say why because there is so much white fragility on this site.
This $CYDY experience is remarkable. First the 9M share short attack. Then a short report from CITRON financial who is a big sell side desk. Now CYDY filed in court to take the report down As it was fille with lies. On top of that has called in the SEC for stock manipulation.
Traded 24M shares is 2 hours - huge huge huge off the charts volume.
Quote:
Originally Posted by Daly
The hit piece has already been removed. Stock will be back at 9 by Thursday. I hope.
Yep, some fake vaccine news and market is ripping. Another worthless SPY put. In other news, water still blue. Sigh.
Note: The news probably isn't fake. The problem is, even with this "good" news any viable vaccine is months/years away from mass production, so shouldn't be altering the market like this.
It looks like PLUG jumped up a lot, so that is nice.
did anyone else age 10 years by like 10:45am?
From what? I lost a bunch of $$ in the market around that time, but nothing new there.Quote:
Originally Posted by sonatine
Quote:
Originally Posted by verminaardFrom what? I lost a bunch of $$ in the market around that time, but nothing new there.Quote:
Originally Posted by sonatine
aapl has been absolute strokebait and i had a amzn call that went from +$1700 to -$1150 over the course of like 18 seconds.
Yesterday I bought a Netflix call that expired July 2nd after they made some announcement they were investing money in some SJW black cause nonsense. Figured they might get a bump off the news. Anyways, stock went up a few points during the day and I sold for a little profit and was feeling smart. And then I looked today and the stock went straight up 30 points today. Talk about missing the boat. Brutal.
Anyways, in other news California has officially reclosed. But stocks going up anyways.
Paulson just folded his hedge fund.
Is there some broader significance to this, eg. hedge fund managers are anticipating a recession/depression and aren't interested in investing other people's money under such circumstances?Quote:
Originally Posted by sonatine