The Investment Thread (stocks, bonds, real estate, retirement, just not gold)

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mentos said:
I don't think any of the losers I sold have Tesla potential.
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Its hard to see CVS having TSLA potential. But potential is a scary thing until it's all hindsight. Investing 2 years of banking on TSLA's potential with no (or downhill) movement took a lot of patience when other stocks seem to be performing better, like you said. At that time, obviously no one knew TSLA was going to be a 2 bagger, a 10 bagger or end up a failure.
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mentos said:
I'm convinced there's no point in holding onto losing stocks. Why keep dead money when thousands of stocks gain 5-100%+ daily?

I held a bag of CVS for 5 years. Finally sold at a loss and put into NIO, never looked back.

Sold BABA at a loss in the fall and put into PLTR.

Last week sold some bags of AESE, GIX, CETX, ATAC. Put into GEVO, ENG, ZOM and made way more.

Yesterday dumped EBON before it tanked more and put it into MARA. Already made up what I lost from EBON and expect to profit more in the long run.

My account went from 43k last week to 54k by making these moves, no money added. I posted all of my moves and account balance in the stock entry/exit thread if you want to see them. If I kept my losing stocks, the account would probably be around 43k or less.

Even with short term tax gains, I'm still way better off than if I held onto the bags.

Change my mind.
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I'm very curious what you're going to be like during a legit crash if it ever happens
 
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wagrxm2000 said:
I'm very curious what you're going to be like during a legit crash if it ever happens
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This is the reason I take my winnings often and put them into the PSLDX.

I suppose the answer is the same as it was last March: Stocks on discount buy more.
 
mentos said:
Probably keep cash until signs of a recovery. Stay the course with retirement account.
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See that's not what you should be doing
Schwimmy said:
This is the reason I take my winnings often and put them into the PSLDX.

I suppose the answer is the same as it was last March: Stocks on discount buy more.
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This is



But the problem is you're buying these way out of range valued stocks. Yes they are going to do great during bull runs but if you don't have the stomach to buy when it's down 25% you will miss out

When you buy your stocks are you buying because you agree with where they are going or because it looks like there's a big run coming?

If you like the stock, 25% should be a discount.
 
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wagrxm2000 said:
See that's not what you should be doing
This is



But the problem is you're buying these way out of range valued stocks. Yes they are going to do great during bull runs but if you don't have the stomach to buy when it's down 25% you will miss out

When you buy your stocks are you buying because you agree with where they are going or because it looks like there's a big run coming?

If you like the stock, 25% should be a discount.
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There is a difference between trading and investing. I don't think you understand he's trading not long term investing.
 
StockPharmD2020 said:
There is a difference between trading and investing. I don't think you understand he's trading not long term investing.
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You haven't read my posts then.

He's trading a small account. Its easy to trade money you don't mind losing.

We all have our limit for how much we're willing to gamble. When you are checking your account out of fear instead of looking for your next stock you've reached your limit.

My limit was 200k, I picked my stocks and didn't worry at all. Could I have gone to 500k? Sure but there would have been times where we had healthy dips and my account would have been getting slaughtered and I'd be staring at it every minute of the day worrying
 
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I think sometimes people read my posts and they think I'm telling them they're wrong.

That's not why I post, I'm just trying to keep people in check.
 
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wagrxm2000 said:
See that's not what you should be doing
This is



But the problem is you're buying these way out of range valued stocks. Yes they are going to do great during bull runs but if you don't have the stomach to buy when it's down 25% you will miss out

When you buy your stocks are you buying because you agree with where they are going or because it looks like there's a big run coming?

If you like the stock, 25% should be a discount.
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I bought ETH with you when it was down 25%.
 
The dilemma about selling during a crash is that the bottom is already priced in- the emotion of fear for a few months into the future is already reflected in the crashing price. Eventually, the point will come where the last seller will sell and it starts coming back and the valley has been missed. On occasion, people will time the best selling and bottom price well enough to even out capital gains tax but as a consistent strategy...I haven't seen sustained success. If someone has that skill (or luck)...they should probably consider a career change from pharmacy.
 
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owlegrad said:
do you pay capital gains taxes on losses?
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Your losses negates your profit for tax purpose. Going to be a pain in the ass putting in 200+ transactions for less than six figures profit. Not worth the squeeze imo
 
wagrxm2000 said:
You haven't read my posts then.

He's trading a small account. Its easy to trade money you don't mind losing.

We all have our limit for how much we're willing to gamble. When you are checking your account out of fear instead of looking for your next stock you've reached your limit.

My limit was 200k, I picked my stocks and didn't worry at all. Could I have gone to 500k? Sure but there would have been times where we had healthy dips and my account would have been getting slaughtered and I'd be staring at it every minute of the day worrying
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I took an account from 20k to 10k to 50k to 25k (March) back to 50k. Should be a lot more had I played March right. Q
 
wagrxm2000 said:
You haven't read my posts then.

He's trading a small account. Its easy to trade money you don't mind losing.

We all have our limit for how much we're willing to gamble. When you are checking your account out of fear instead of looking for your next stock you've reached your limit.

My limit was 200k, I picked my stocks and didn't worry at all. Could I have gone to 500k? Sure but there would have been times where we had healthy dips and my account would have been getting slaughtered and I'd be staring at it every minute of the day worrying
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I'd also not throw more than a thousand in the types of plays he's making. I'd rather buy a decent stock and hold it than day trade.
 
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CocoMelon0531 said:
Your losses negates your profit for tax purpose. Going to be a pain in the ass putting in 200+ transactions for less than six figures profit. Not worth the squeeze imo
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Low 5 figures, probably not

I'd be willing to put in that much effort for $50k though
 
owlegrad said:
do you pay capital gains taxes on losses?
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No I meant the profit from my green stocks is greater than the losses I took plus the taxes I'll have to pay.

CocoMelon0531 said:
Your losses negates your profit for tax purpose. Going to be a pain in the ass putting in 200+ transactions for less than six figures profit. Not worth the squeeze imo
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I think TurboTax does this for you. I think I had less than 50 transactions last year.
 
wagrxm2000 said:
I will buy it if you want me to but we do already have cloudflare.


Ok I'll let you know when/if it hits so you can give me a different stock
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You had to do it yesterday. It went down 6% yesterday and is already up 4% today. Just hold VAW until the stimulus stuff gets passed and student loans get cancelled.
 
mentos said:
No I meant the profit from my green stocks is greater than the losses I took plus the taxes I'll have to pay.



I think TurboTax does this for you. I think I had less than 50 transactions last year.
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Turbotax is not reliable when it comes to trading transactions. Trust me about this bc I had to manually type in my transaction back in my day trading days.
 
redfish955 said:
You had to do it yesterday. It went down 6% yesterday and is already up 4% today. Just hold VAW until the stimulus stuff gets passed and student loans get cancelled.
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Its going to be hard for me to sell in the middle of the day when I'm at work.

So I already sold vaw but I didn't buy dbx since I wanted your thoughts

Dropbox play right now is a buyout so I'll buy if you want and we can just hold until it hopefully happens

If it doesn't, I don't see much upside outside that.

Its up to you. Today would have bought in the morning and be up like 1% so not much has been lost out.
 
Moving all my 403 and 401 to government treasuries. Incoming dip is coming at some point soon.
 
wagrxm2000 said:
How long are you staying out if we keep going up?
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I'm forced to be in these indices due to the nature of these vehicles. Maybe we have another 3-5% gen market up from here. Maybe not. Dip is coming imo with extreme taxes and regulation from Joe Biden. There may even be a 30d lockdown, that the general market hasn't priced in yet.

I'm looking to use my cash to buy individual stocks on this upcoming dip though. In a year, I just need to make 2-3 right moves in order to make my annual min 30% return. This is one of those things that I do normally.

JBLU is breaking out now.

mentos said:
Will this affect ETH? Was thinking of reloading today.
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Nothing. Buy and buy more of BTC and ETH. Money printers are going warp speed regardless of the bs and propagandas. Until they show me their teeth, I'm not scared bc I know that these central bankers are nothing but bought frauds.
 
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CocoMelon0531 said:
I'm forced to be in these indices due to the nature of these vehicles. Maybe we have another 3-5% gen market up from here. Maybe not. Dip is coming imo with extreme taxes and regulation from Joe Biden. There may even be a 30d lockdown, that the general market hasn't priced in yet.

I'm looking to use my cash to buy individual stocks on this upcoming dip though. In a year, I just need to make 2-3 right moves in order to make my annual min 30% return. This is one of those things that I do normally.

JBLU is breaking out now.



Nothing. Buy and buy more of BTC and ETH. Money printers are going warp speed regardless of the bs and propagandas. Until they show me their teeth, I'm not scared bc I know that these central bankers are nothing but bought frauds.
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Basically what you are saying is: taxes>stimulus

Not saying you're wrong, the narrative could very well turn to taxes but why not wait until that comes up?

Its not like it's going to be a sharp drop unless we do shut the country down completely
 
babybull said:
before the pandemic hit, i posted on this forum that the market has hit its high for the next 10 years.

if you scroll back, i had been warning of a massive tanking of the stock market on this forum starting in Oct 2019, just a few months before Covid reared its ugly head...

after seeing this massive run-up in stocks, i am reiterating my call that stocks have hit their ceiling for the next 10 years. the key is to pay full attention to the DOW index. i don't care that tech has made all-time highs. the DOW holds all the clues. it won't break all-time highs for the next 10 years. what's more, this is all gonna end with a bang 5-10 years from now. DOW 10k here we come!

there is a mathematical secret to this that i have unlocked
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You have people like this guy who thinks he can look at charts and figure out where we're going.

No one knows. We're up 15% since before the pandemic and that makes no sense.

Heck I've been at 50% stocks for awhile now just because I want to retire soon. I've missed out on a lot too.
babybull said:
hanging man close last friday. time to take profits
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Just look at this guy
babybull said:
i was buying into the end of month in november, i sold yesterday and on monday (some portion), and bought back more bearish positions today, and will continue to add to my positions tomorrow and for the rest of the month if markets continue to recover
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I don't think he was ever right
 
wagrxm2000 said:
You have people like this guy who thinks he can look at charts and figure out where we're going.

No one knows. We're up 15% since before the pandemic and that makes no sense.

Heck I've been at 50% stocks for awhile now just because I want to retire soon. I've missed out on a lot too.
Just look at this guy
I don't think he was ever right
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Who this guy?
 
wagrxm2000 said:
You have people like this guy who thinks he can look at charts and figure out where we're going.

No one knows. We're up 15% since before the pandemic and that makes no sense.

Heck I've been at 50% stocks for awhile now just because I want to retire soon. I've missed out on a lot too.
Just look at this guy
I don't think he was ever right
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Yeah he’s wrong. It’s STONKs in the long run since things are priced in nominal USD and the fiat supply is going nowhere but up in the long run. Central bankers are pissed at how quick the mass is catching up to their game due to the free dissemination of info via the Internet.
 
mentos said:
Who this guy?
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You don't remember the chart guy who thought he always knew which way stocks were going?

He's probably broke at this point
 
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Just so it doesn't get buried @redfish955 you are currently in cash.
 
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all in VLDR if you can get less than you paid previously. Average down
 
finance.yahoo.com

Alibaba Unveils New Electric Vehicle Partnership

China seeking competitors to Tesla
finance.yahoo.com finance.yahoo.com

Tesla is gonna have a real challenge to compete with all 50 other EV companies in China, one of its biggest market. More companies looking to steal its pie.

Looking good for us consumers.
 
At this point everyone is making EV
 
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Market has been insane. ENG decided to go on a 300% plus run since I posted here so I sold half at 7.50 and seeing if it can still reach 10.

BCRX, my pick for the the portfolio just had an excellent presentation at jpm. Take a look at the slide deck. Factor D, 9930, has the makings of a blockbuster drug. They are adding indicatons to study including different nepropathies. Orledayo won't report sales until may earnings so don't buy this thinking you will get rich overnight. this will be a slow burner. but I think it could be at least a 2x to 3x stock this year and 10x plus over the next 2 to 4 years. https://ir.biocryst.com/static-files/41ee0771-0acc-479e-a39e-2842101c6aa9

VXRT, oral covid vaccine is a company I added with cost basis of 5.70. It has already started running up because the phase 1 data is due by end of month. probably not too late yet. speculative buy of course. they are also working on an oral flu vaccine and the previous data on that leads me to believe phase 1 covid will have good results.
 
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Momus said:
finance.yahoo.com

Alibaba Unveils New Electric Vehicle Partnership

China seeking competitors to Tesla
finance.yahoo.com finance.yahoo.com

Tesla is gonna have a real challenge to compete with all 50 other EV companies in China, one of its biggest market. More companies looking to steal its pie.

Looking good for us consumers.
Click to expand...

They had no trouble competing last year. Tesla dominated sales in China. Chinese are all about brand names.
 
MatCauthon said:
Market has been insane. ENG decided to go on a 300% plus run since I posted here so I sold half at 7.50 and seeing if it can still reach 10.

BCRX, my pick for the the portfolio just had an excellent presentation at jpm. Take a look at the slide deck. Factor D, 9930, has the makings of a blockbuster drug. They are adding indicatons to study including different nepropathies. Orledayo won't report sales until may earnings so don't buy this thinking you will get rich overnight. this will be a slow burner. but I think it could be at least a 2x to 3x stock this year and 10x plus over the next 2 to 4 years. https://ir.biocryst.com/static-files/41ee0771-0acc-479e-a39e-2842101c6aa9

VXRT, oral covid vaccine is a company I added with cost basis of 5.70. It has already started running up because the phase 1 data is due by end of month. probably not too late yet. speculative buy of course. they are also working on an oral flu vaccine and the previous data on that leads me to believe phase 1 covid will have good results.
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You're only keeping ENG until 10? I'm still buying in the 7s.
 
mentos said:
You're only keeping ENG until 10? I'm still buying in the 7s.
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no I sold half. my principal is out so I am risk free now. want to let that part run wherever it may go now.
 
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MatCauthon said:
no I sold half. my principal is out so I am risk free now. want to let that part run wherever it may go now.
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Nice. Lots of people think this will be the stock of 2021.
 
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