Board 8 > Stock Topic 29

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ChainLTTP
05/13/21 12:54:14 PM
#201:


ExThaNemesis posted...
We hit 700% for a bit.

ADA looking set to become the new dominant crypto if the eco fash mudslinging actually sticks to Bitcoin
Good stuff. I might get in if I sell my BTC and ADA is still low enough.
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ChainLTTP
05/13/21 12:58:08 PM
#202:


I keep forgetting ADA is basically illegal in this scum state of New York

I suppose there is a workaround...
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_stingers_
05/13/21 1:39:48 PM
#203:


I bought all my ada at 1.20. It hurts buying more at 1.90 even though I know I should

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Congrats Black Turtle!
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Zachnorn
05/13/21 1:49:32 PM
#204:


woah AMC

Here is where I get mad for not buying more when it was around $9

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<D
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Tirofog
05/13/21 1:53:12 PM
#205:


Zachnorn posted...
woah AMC

Here is where I get mad for not buying more when it was around $9

I bought an $11 5/14 call last week for $17 and set up a limit sell for twice what I paid for it which executed this morning... That same call is now worth around $200. So I feel you. :/

EDIT: Over 250 now...

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I'm just here to post something barely relevant, then fade back into the shadows. It's a tough job, but BKSheikah has to do it.
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ExThaNemesis
05/13/21 2:10:31 PM
#206:


ChainLTTP posted...
I keep forgetting ADA is basically illegal in this scum state of New York

I suppose there is a workaround...

How is it illegal? Just buy it on coinbase, dawg.

Or you can do it the ol fashioned way. Buy BTC on coinbase, send that to kraken. Convert to ADA

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"undertale hangs out with mido" - ZFS
Smash Ultimate Switch Code: SW-6933-1523-8505
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Zachnorn
05/13/21 4:18:57 PM
#207:


Great day for the indexes, but my portfolio was jumping up and down and went sideways. Sold a bit of AMC before it dropped. Wish I did the same to DIS, damn.

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<D
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Nanis23
05/13/21 4:19:59 PM
#208:


So Bitcoin dropping and WSB stocks like AMC and GME went way up?
Aha..should have seen it coming

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wololo
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Sunroof
05/13/21 4:26:29 PM
#209:


AMC went up in part to selling $428 million in share offerings.
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Lopen
05/13/21 4:33:42 PM
#210:


ChainLTTP posted...
No, he's not. Again, people aren't actually looking at these things prior to posting.

ETC has had a much sharper increase than ETH during this previous rally, and it likewise fell more sharply than ETH.

I am a massive ETH proponent and I have a fairly sizeable stake in it already, so you don't have to sell me on that. But this is my play money and I think there is more short-term upside to ETC.

There was more upside in it because it was cheap

But if you just want fluke upside you'd be better off playing meme coins for that

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No problem!
This is a cute and pop genocide of love!
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Zachnorn
05/13/21 5:06:26 PM
#211:


Sunroof posted...
AMC went up in part to selling $428 million in share offerings.
I'm confused. Aren't prices supposed to fall when new shares are issued because the existing shareholder's stake gets diluted?

I'm starting to think that the stock market will react positively to just about any news about AMC or GME.

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<D
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ChaosTonyV4
05/13/21 7:40:56 PM
#212:


https://twitter.com/elonmusk/status/1392974251011895300

The dude is literally just fucking with the crypto market rn, its a plaything to him

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Phantom Dust.
"I'll just wait for time to prove me right again." - Vlado
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masterplum
05/13/21 8:19:06 PM
#213:


ChaosTonyV4 posted...
https://twitter.com/elonmusk/status/1392974251011895300

The dude is literally just fucking with the crypto market rn, its a plaything to him

Honestly he might be doing it because its funny and he can't mess with stocks any more

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ninkendo
05/13/21 9:17:13 PM
#214:


haha dang I set a buy limit at .35 too but it never got there

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ninkendo
05/13/21 9:17:25 PM
#215:


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ExThaNemesis
05/13/21 10:04:53 PM
#216:


I really don't know if I can put into words how much I can't stand Musk and his army of turbo virgins.

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"undertale hangs out with mido" - ZFS
Smash Ultimate Switch Code: SW-6933-1523-8505
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ninkendo
05/14/21 12:19:36 AM
#217:


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Nanis23
05/14/21 9:57:22 AM
#218:


The fuck, Disney
And here I thought it was the safest stock right now

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wololo
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DoomTheGyarados
05/14/21 10:03:31 AM
#219:


Nanis23 posted...
The fuck, Disney
And here I thought it was the safest stock right now
Buy more

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Sir Chris
Doom The Kanto Saga - Animated Series - https://www.youtube.com/watch?v=6hH4wNFCrLM
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Forceful_Dragon
05/14/21 10:07:10 AM
#220:


Some people:
I bought gold yesterday and now it's WORTH LESS today than it was yesterday. Everything is awful.

Other people:
I bought gold yesterday and now its CHEAPER to buy more today than it was yesterday. Hell yeah discount!

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Zachnorn
05/14/21 10:10:35 AM
#221:


Nanis23 posted...
The fuck, Disney
And here I thought it was the safest stock right now
I have come to the conclusion that if you want to make money with less risk, you should buy ETFs. Buy when they're low. Company stocks are risky.

So far, I've made money on ETFs and lost it on companies. Only a few of my company picks have been good: AMC, ACI, and T. The only ETF I actually lost money on was QQQJ and that's because it's volatile and I sold most of it for gains already. For a time, I also lost money on QQQ, bought the dip, and made good money from successfully timing the market to sell near the top. In general, NASDAQ ETFs aside, I haven't been in the red for very long buying ETFs.

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<D
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_stingers_
05/14/21 10:16:42 AM
#222:


Forceful_Dragon posted...
Some people:
I bought gold yesterday and now it's WORTH LESS today than it was yesterday. Everything is awful.

Other people:
I bought gold yesterday and now its CHEAPER to buy more today than it was yesterday. Hell yeah discount!
I was always told that investing in metals was for the most desperate and deranged

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Congrats Black Turtle!
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masterplum
05/14/21 10:41:48 AM
#223:


Called it, I thought Disney would drop.

...

When it was at $115

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Menji
05/14/21 10:48:48 AM
#224:


OLO looks like a good buying opportunity

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Sunroof
05/14/21 11:13:53 AM
#225:


Ive been trash-talking Disney for months. It will probably go up at some point but not worth the hold.
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Sunroof
05/14/21 11:14:32 AM
#226:


KSS doing work for me today. Cant wait to close my calls and sell new ones for GS and BRKB for another $1k!
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neonreaper
05/14/21 11:15:26 AM
#227:


DKNG at 40 yesterday and DIS at 170 today

so nice

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Donny: Are they gonna hurt us, Walter?
Walter: No, Donny. These men are cowards.
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Metal_DK
05/14/21 1:33:31 PM
#228:


Bollinger band creeping up on gvsi. Kinda a good entry point i think unless god awful news drops. Kinda seeing a flag pennant on the chart, selling drying up etc.

Added a little more today

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Casual Revolution 2007 - 2016
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Sunroof
05/14/21 1:47:15 PM
#229:


I am thankful that I cannot do penny stocks. The FOMO would be too real.
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ChainLTTP
05/14/21 1:58:14 PM
#230:


ExThaNemesis posted...
I really don't know if I can put into words how much I can't stand Musk and his army of turbo virgins.
Lmao
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Sunroof
05/14/21 2:03:54 PM
#231:



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Sunroof
05/14/21 2:04:35 PM
#232:




More reasons to buy Overstock long term.
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ExThaNemesis
05/15/21 10:38:27 AM
#233:


I mean you guys don't need me to keep telling you about Cardano at this point do you? Lmao

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"undertale hangs out with mido" - ZFS
Smash Ultimate Switch Code: SW-6933-1523-8505
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Sunroof
05/15/21 11:30:22 AM
#234:


Damn, if it was easier to put money into crypto apps I mightve put $250k into one of them by now.
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ExThaNemesis
05/15/21 1:49:08 PM
#235:


Sunroof posted...
Damn, if it was easier to put money into crypto apps I mightve put $250k into one of them by now.

Coinbase is like, toddler simple bro.

250k into Cardano today will make you a millionaire in a few years at least!

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"undertale hangs out with mido" - ZFS
Smash Ultimate Switch Code: SW-6933-1523-8505
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ChainLTTP
05/15/21 1:52:49 PM
#236:


ExThaNemesis posted...
Coinbase is like, toddler simple bro.

250k into Cardano today will make you a millionaire in a few years at least!
I'd say you have >50% of this actually happening. Would take a lot of balls to put all your eggs in one basket though.
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Sunroof
05/16/21 4:17:37 PM
#237:


Just thought of something. How do my gains from Coinbase get accounted for during tax season? I made around $1,000.
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ExThaNemesis
05/16/21 5:03:49 PM
#238:


Depends on how long you held. I'd imagine they account for short term capital gains which you'll have to pay tax on unless you have losses to offset.

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"undertale hangs out with mido" - ZFS
Smash Ultimate Switch Code: SW-6933-1523-8505
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Sunroof
05/16/21 5:09:36 PM
#239:


I guess what I mean is do they give me a separate W2 or something?
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Sunroof
05/16/21 5:26:06 PM
#240:


Crypto is getting crushed
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ExThaNemesis
05/16/21 6:58:29 PM
#241:


Sunroof posted...
Crypto is getting crushed

ADA looking just fine. *Sunglasses*


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"undertale hangs out with mido" - ZFS
Smash Ultimate Switch Code: SW-6933-1523-8505
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Forceful_Dragon
05/16/21 7:04:14 PM
#242:


It sounds like coinbase issues 1099-MISC.

I think a 1099-B would be better but it sounds like crypto exchanges are not required to use that form at this point so coinbase uses 1099-MISC and it looks like binance will provide 1099-K.

Edit: Bottom line, keep a good accounting of your costs so you can clearly distinguish what portion of what you received was actually profit.

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Sunroof
05/16/21 7:13:01 PM
#243:


No clue how to get that. Does Coinbase auto send? Im not seeing an area on the app where I can even view my gains.
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Menji
05/16/21 10:26:49 PM
#244:


Sunroof posted...
No clue how to get that. Does Coinbase auto send? Im not seeing an area on the app where I can even view my gains.

I didn't get anything last year. I think they send a 1099-MISC if your bonuses/referrals are over a certain amount. They do give you a transaction history so you can report it. That may be changing next year though.

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Sunroof
05/17/21 12:11:05 AM
#245:


We will see.

Looking red to start the week.
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DoomTheGyarados
05/17/21 12:13:09 AM
#246:


Bitcoin gets any lower I am going to move my money out of stocks and jam it all there

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Sir Chris
Doom The Kanto Saga - Animated Series - https://www.youtube.com/watch?v=6hH4wNFCrLM
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Zachnorn
05/17/21 10:05:51 AM
#247:


I want to say that my entertainment companies are doing well, but Disney is weighing me down. I think the market is still pissy about their earnings and it's going to go back up so I'm holding. Not sure if I should buy another share. It is already about 10% of my portfolio.

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<D
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DoomTheGyarados
05/17/21 10:36:49 AM
#248:


Buy all the shares

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Sir Chris
Doom The Kanto Saga - Animated Series - https://www.youtube.com/watch?v=6hH4wNFCrLM
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masterplum
05/17/21 10:40:53 AM
#249:


I'm really not convinced on Disney +. They are really riding their laurels of old movies. I think that could bite them as people slowly run out of content.

I think their subscriber numbers are going to ebb and flow based on whatever their newest marvel or starwars show is. A precarious position if they don't crank out hits

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Sunroof
05/17/21 10:42:11 AM
#250:


Disney has been nothing but a letdown since hitting its ATH a few months or so ago.
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