Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[Hog's Gone Fishin]

Hammock mentions buying in and it drops 20cents

[Hammock Parties]

Originally Posted by Hog's Gone Fishin

Hammock mentions buying in and it drops 20cents

let it drop some more

[MTG#10]

I mentioned Ebon a couple weeks ago, felt like a fool since then because I got down almost a grand at one point but it's finally taking off! These diamond hands haven't failed me yet.

[neech]

Originally Posted by lewdog

I’m here to MTG this thing.

Upgrade my 2007 Honda Civic to a 2017 Nissan Altima.

This is my gamble stock if I sell and it goes the way of GME I'll be kicking myself.

I'll be buying a 2016 Toyota RAV4.

[Rain Man]

We just had a large AMC multiplex theater open near our house this month. Talk about bad timing. They were close to opening last March when everything went down and got shuttered for a full year. I hope to be able to go there for movie watching in the near future.

[neech]

Empty theaters and all the square footage of those buildings aren't good on the financial statements for them that's for sure.

[Chiefs_Fan]

I have a couple hundred shares of AMC.....holding and hoping

[Buehler445]

Originally Posted by lewdog

I bought half position premarket at 48.50. It dipped to low 46 and was bought up quickly. Filled out full position with more shares at 49.40 just now.

I got in at 45.95. ****ing 11% gain in a day.

You are ****ing brilliant.

Now watch closely as I don’t sell and **** this off.

[ChiliConCarnage]

Originally Posted by Mr_Tomahawk

Well shit.

What is a wash sale? I have TD.

It happens if you violate the IRS tax loss harvesting rules. If you sell a stock at a loss you can claim it on your taxes. You can't have bought the same stock for 30 days prior or after for the loss to count. If you do the loss is "washed" and stuffed back into your basis.

The intention in giving the tax break is that you really moved on and ate the loss. Though thirty days isn't all that long. Obviously everybody would sell anything down and buy it right back if the rule didn't exist

[lewdog]

Originally Posted by Buehler445

I got in at 45.95. ****ing 11% gain in a day.

You are ****ing brilliant.

Now watch closely as I don’t sell and **** this off.

You’re welcome. That’s a solid entry by you. Any selling off it’s had today has been bought back quickly, good sign. I’m riding this one a bit, maybe a few weeks to see how much it gets back of last retracement. I will consider selling 25% of my position at 10% gain and then move stop loss to break even (so you don’t have a losing trade since you’re up nicely). You’re already there so just a thought.

[lewdog]

ZOM running.

[MTG#10]

AMC poppin'

EDIT: Annnnnnnnnd I jinxed it

[Hammock Parties]

too scared today

not buyin

[lewdog]

Originally Posted by MTG#10

AMC poppin'

EDIT: Annnnnnnnnd I jinxed it

You sell any shares yet?

[Hammock Parties]

maybe next week