LogFAQs > #948641094

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, Database 7 ( 07.18.2020-02.18.2021 ), DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicStock Topic 13
red sox 777
12/22/20 1:22:38 PM
#192:


StartTheMachine posted...
Warrants rise like crazy once they're in the money - strike price is 11.50 in this case. When the commons are still this far away, they fluctuate based more on the usual trading. That's why they went from 30 cents to 2 dollars that morning back in August: immediately got in the money and mooned.

And yeah, CYDY is a play I'd want to get in and out of rather fast. Though I think it could also be a winner long term, I'd rather stick with AVCT on that timetable.

Anywho, I never pulled the trigger but CYDY had a huge pullback today and it makes it tempting. If it goes to around 5, I'm doing it. But I also realized that I'll sell my AVCT commons to get in and not the warrants. Those are about break even (they would be green if I didn't mess up the tax lot and wash sale rule stuff).

Man I'm psyched for the market again for the first time in months.

Why not sell the stuff in the red for the tax benefit? It's late December, this time of year people are usually selling stocks in the red and not selling stocks in the green.

---
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
... Copied to Clipboard!
Topic List
Page List: 1