1. The official Sherdog Store is back! Check it out! » Discuss it here! »
Violence/Genocide: Do not condone violence or genocide on a person or group of people. You are free to attack a person or groups ideas but you are crossing the line when calling for violence. This will be heavily enforced in threads with breaking news involving victims.

Economy stonks v21

Discussion in 'The War Room' started by rob mafia, Aug 20, 2021.

  1. brackis1 Steel Belt

    Joined:
    Mar 31, 2007
    Messages:
    32,388
    Likes Received:
    9,408
    Location:
    Boston, Chicago, Bay Area
    Do you have a sauce for this?

    There does need to be a discussion of guys like Musk who skirt capital gains by taking out massive loans against their stock rather than selling it to like normal people when they need living $
     
    TurboHolocaust likes this.
  2. Mr Holmes You talking money, need a hearing aid

    Joined:
    Dec 8, 2013
    Messages:
    9,797
    Likes Received:
    9,369
    Location:
    DP Town
    Unfortunately I do not.
     
  3. brackis1 Steel Belt

    Joined:
    Mar 31, 2007
    Messages:
    32,388
    Likes Received:
    9,408
    Location:
    Boston, Chicago, Bay Area
    damn I was so right on SPR
     
  4. BIKES! So then I said... Platinum Member

    Joined:
    Mar 30, 2009
    Messages:
    24,540
    Likes Received:
    12,056
    Location:
    Down on the corner, out in the street
    Lol Zuck and Bezos ain’t gonna have money to write that check until they sell some stonks.
     
  5. Hadron90 Banned Banned

    Joined:
    Feb 19, 2020
    Messages:
    13,966
    Likes Received:
    21,079
    Location:
    Not the Canadian conservative.
    So are unrealized losses, losses?


    But really, I did not understand her comment to mean that in general, unrealized gains should be taxed. She was specifically talking only about the case of inheritance.

    If I bought a bunch of Gamestop stock at $2, it runs to $250, and then I die from a marijuana overdose and my wife's son inherits the stock, according to the current rules, his cost basis is $250. He can then sell it all with paying a cent in capital gains tax.
     
    Last edited: Sep 29, 2021
  6. Wadtucket Gold Belt

    Joined:
    Sep 5, 2014
    Messages:
    20,175
    Likes Received:
    6,335
    Location:
    WA
    You should sell them to her boyfriend before you hit that bong
     
    Hadron90 likes this.
  7. BIKES! So then I said... Platinum Member

    Joined:
    Mar 30, 2009
    Messages:
    24,540
    Likes Received:
    12,056
    Location:
    Down on the corner, out in the street
    Don’t kill your parents for this rule!
     
    Hadron90 likes this.
  8. brackis1 Steel Belt

    Joined:
    Mar 31, 2007
    Messages:
    32,388
    Likes Received:
    9,408
    Location:
    Boston, Chicago, Bay Area
    lol fuck this is at $32 right now on Walgreens takeover talks 1 year later

     
  9. Gas121 Purple Belt

    Joined:
    Nov 10, 2016
    Messages:
    1,762
    Likes Received:
    992
    Just lol at tech. Top was in I guess, the run has been kinda insane this year so expected.

    Bought some more ET, in for 5000 shares. Nice little pop before close. +$10 by EOW would be nice.

    Market a little crazy right now.
     
  10. brackis1 Steel Belt

    Joined:
    Mar 31, 2007
    Messages:
    32,388
    Likes Received:
    9,408
    Location:
    Boston, Chicago, Bay Area
    lol fuck me I bought and bailed on some SPCE today to avoid the downturn and it rips after hrs
     
  11. rob mafia Silver Belt

    Joined:
    Aug 6, 2004
    Messages:
    14,699
    Likes Received:
    5,910
    Location:
    pa, usa
    ...you guys alive?

    [​IMG]
     
  12. Revolver you sound poor

    Joined:
    Feb 12, 2008
    Messages:
    48,835
    Likes Received:
    9,510
    Location:
    Awesome
    LPTX jumps before I got my entire position on it. Only filled about a 3rd.
     
  13. Wadtucket Gold Belt

    Joined:
    Sep 5, 2014
    Messages:
    20,175
    Likes Received:
    6,335
    Location:
    WA
    [​IMG]
    WOW!
     
  14. rob mafia Silver Belt

    Joined:
    Aug 6, 2004
    Messages:
    14,699
    Likes Received:
    5,910
    Location:
    pa, usa
    ...k?

    [​IMG]

    the point was that no one had posted all day, though
     
  15. Wadtucket Gold Belt

    Joined:
    Sep 5, 2014
    Messages:
    20,175
    Likes Received:
    6,335
    Location:
    WA
    ?
     
  16. Revolver you sound poor

    Joined:
    Feb 12, 2008
    Messages:
    48,835
    Likes Received:
    9,510
    Location:
    Awesome


    Not surprised.
     
  17. nostradumbass Yellow Card Yellow Card

    Joined:
    Mar 31, 2008
    Messages:
    34,124
    Likes Received:
    19,367
    Picked up a december amzn call at the buzzer.
     
  18. Gas121 Purple Belt

    Joined:
    Nov 10, 2016
    Messages:
    1,762
    Likes Received:
    992
    Took a hefty position in SFT for a swing at close. Surprised to see this back under $7. Shorts are driving this stock to the pits. Support has been solid this year near the 6.50ish mark and each time it has bounced rather violently to the upside. If it gets there, loading the the absolute truck.
     
  19. Gas121 Purple Belt

    Joined:
    Nov 10, 2016
    Messages:
    1,762
    Likes Received:
    992
    $ROOT chart today is bizarre. Usually volatile, bouncing around. Would love to see it under $5.
     
  20. 86'd Cha Ching!

    Joined:
    Aug 1, 2003
    Messages:
    6,377
    Likes Received:
    376
    Location:
    MN
    Meh another uneventful flat day after two lows. Which is Wad's point. I'm guessing things go green for tomorrow as we head into the weekend of a new month.

    I actually sold AMD at 108 the other day and have been kicking myself for not getting in again at 100 yesterday.
     
    Wadtucket likes this.

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.