Economy stonks only go up v6.1

Status
Not open for further replies.
kahiljabroni said:
Pulled 80% of my money from robinhood after last weeks bullshit....sold all my stocks after about 5% loss....then i bought some back after they fell an additional 10% and I'm still down some.

Im 80%cash and i think the market has a long way to go
Click to expand...

it depends what you're buying and how.
 
kahiljabroni said:
Pulled 80% of my money from robinhood after last weeks bullshit....sold all my stocks after about 5% loss....then i bought some back after they fell an additional 10% and I'm still down some.

Im 80%cash and i think the market has a long way to go
Click to expand...
Be careful with Wash Rules.
If buying back the same stock you just sold at a loss within 30 days, the loss deduction can't apply until next year's taxes.
Rob Battisti said:
VIR
MRNA
BRCX
INO

killed as always.

Playing some big time shorts next week.

Buying in on some airlines as well.

wild how badly resorts have been hit. Wonder if they are even NEAR the bottom or if there is some more opportunities there.
Click to expand...
lol all those stocks are casino games and literally could go down 30-50% overnight while you can't even trade.
 
Wow. Oil just took a fat shit. Historic 20%+ crash into the low 30s.
I think we see a fairly fat bounce back off this once Russia announces cut, but in a deadcat fashion.
 
brackis1 said:
Be careful with Wash Rules.
If buying back the same stock you just sold at a loss within 30 days, the loss deduction can't apply until next year's taxes.

lol all those stocks are casino games and literally could go down 30-50% overnight while you can't even trade.
Click to expand...


That's good to know, wasnt aware of that.
So if you rebuy a loser within 30 days you can't write off the original loss?
 
brackis1 said:
Wow. Oil just took a fat shit. Historic 20%+ crash into the low 30s.
I think we see a fairly fat bounce back off this once Russia announces cut, but in a deadcat fashion.
Click to expand...

Well. I fucked up pretty bad.
 
brackis1 said:
Be careful with Wash Rules.
If buying back the same stock you just sold at a loss within 30 days, the loss deduction can't apply until next year's taxes.

lol all those stocks are casino games and literally could go down 30-50% overnight while you can't even trade.
Click to expand...


Sure, and 2 of them went up 200% in the last 2 weeks so.... I’ll take my money while I can get it.
 
i read robinhood didnt code correctly for the leapyear.

hopefully they fixed it by now. dow opening down 1000 for monday

oil opening down 20%
 
Good luck tomorrow. Its looking like we are all fucked.
 
Futures are shitting themselves right now. Tripped the breakers.
 
Last Samurai said:
Shale producers could be the first domino to fall.

These companies are awash with debt and won't be able to handle this low a price for very long.
Click to expand...

oh, cant wait to see who will foot the bill on restoring nature to how it was before fracking..

spoiler alert: the general public.
 
rob mafia said:
unless one bought puts, maybe. i'm wondering if even shorts are going to be restricted.
Click to expand...

shame for those who thought the virus would be a blip. Good for those who saw it coming and planned ahead.
 


Me patiently waiting with over 70% of my investments in cash and bonds.
 
I think the 11 years straight for a bull market is over. Looks like I will be holding onto some paper for a while.
 
Status
Not open for further replies.

Latest posts

Forum statistics

Threads
1,236,714
Messages
55,436,787
Members
174,775
Latest member
Ruckus245

Share this page

Back
Top