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I was typing as you posted! I don't have that many, but yes, I'm wanting 11 so I can sell and use elsewhere.Thought the onion was going to bounce back this morning
I’ve got 2600 shares I need to break 11 so I can move it into something more stable.
I’veheld back on these discussions but I don’t see much value in the market right now. Other than my 401k which I don’t mess with (no market timing there) I am basically 100% invested in CYDY and puts on casinos/airlines.
I'm still looking to recapture a position in BLMN where I sold too low. Monday was quite the day for it.Thought the onion was going to bounce back this morning
I’ve got 2600 shares I need to break 11 so I can move it into something more stable.
Still not clear to me where they got their borrow for this. There was nothing available when we checked our stock loan last check, so I'm very curious about this. Naked shorting?
Wash sales only apply to losses. If you had a gain you'd report the gain on your 2020 taxes and your next basket of CYDY won't have it's cost basis affected by that.
Out of LCA for a very small profit. It jumped up the RobinTrack charts but never saw it take off in relation to the RT charts.
I have it set to 65% S&P, 15% small/mid cap and 20% international. All Vanguard index funds with low expense ratios.
That's the whole point--there was no borrow for the vast majority. Illegal and stock manipulation IMO.
So realistically, when I sold for that very small profit, the shares that were sold at a loss had that loss (or a portion of it, based on new acquisition price) carried forward and buried into the cost basis for my repurchase later in the day?
OK, I may have misunderstood. So are you saying that what you sold yesterday overall had a gain, but within that group you had multiple entry points, some of which were losses and some of which were gains? If so I think wash sales would apply to those baskets that lost. Let's say you had 100 shares you paid $6 for but sold at $5. That $100 loss would have to go as a reduction to your cost basis in new shares you purchased. Your new acquisition price has nothing to do with it other than it would be adjusted downward in tax basis rather than the IRS allowing you to claim a loss. Now if you sell all these shares before 2020 is over, none of it will matter because it all will net out.
I'm debating pulling my 401(k) into safer investments as another correction seems likely from what I've read.
I'm with CR69. I think the stocks that saw the benefit from COVID already got their boosts and everything else is headed down or neutral.
I'm starting to take some profits and stash cash. Outside of my 401k that is in index funds, my individual stock money is 95% invested now, much of it in CYDY.
Well, if you put it like that...+17% is calm
No - these have been out for the last 23 hours.
I have no issue with shorts that obey the rules and tell the truth. Pump implies illegal behavior presumably through spreading misinformation--I see no evidence of that.
This is ripped from one of Todem’s updates:
I have 5400 shares too, I think you said you had 5. We're in like 10th place, come climb the leaderboard a little, pick up another 2500 with me. It's like $17k, let's go!
Don't remember the date of this post. Possibly Mid-April, that is when I saved this in Excel.
In general I don’t believe in market timing but am willing to trust my gut on a small portion of our assets. Every study I’ve ever read shows that trying to time the market doesn’t work consistently. Timing both the sale and purchase is extremely tough to do and missing just one or two days can completely wipe out your profits. I have considered it though lol. Instead, I just reallocated to be heavier on the S&P which is very heavy on tech stocks which fared better than most through all of this.
That’s par for the course. Stock ambulance chasers come around anytime they see fraud. Never saw one actually come of anything.
Someone mentioned being hesitant to buy as they read on Seeking Alpha that the books might be cooked. I'm wondering if there was any real proof, or if it was just an assumption, because of where they're headquartered.
Dude, aren’t you a lawyer? Those guys are ambulance chasers that post this on every stock that drops. Every one. Remember when ZM got hit with security issues when it was at 150 and dropped to 120ish? Same thing happened there and it’s at 250 now.
Right, so how did they pull it off? The brokerage houses that permitted this can get in trouble.
I believe every time i've tried to time the market, I've been wrong. Easily 0/5, and I'm usually a fast learner. For years I sat on my poor experience of not trying to time the market because I suck at it, and yet I tried again. And failed.
So much for buying at $3-$4, eh? I bought back in today to have my original position back. It's been a wild ride.
Don't know other than I highly doubt the SEC will look into the manipulation of an OTC stock. They've got much bigger fish to fry. I believe yesterday's action by the shorts was highly organized and unbelievably effective. Scary for longs and all the more reason to uplist to a real exchange ASAP.
I was in the group who got all my stops triggered yesterday. Was in since December. Swore I was done with it and enjoyed my own little "Boiler Room" episode.
Well we know Andrew Left made some money, that's guaranteed. His article was timed for it. Knowing his work, it was pretty sloppy, so I believe
he was basically paid by someone to post that. Following the trail of money leads to the scumbag... 
