Current Events > Stock Market General #23

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samurai bandit
02/19/21 12:56:46 AM
#52:


, GME squeeze when?

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TheMikh
02/19/21 1:36:58 AM
#53:


Future_Trunks posted...
Im thinking about converting my Roth IRA into GBTC ... thoughts? @TheMikh

eh, i'd personally prefer a more diversified IRA in more traditional equities. my crypto portfolio is separate and eclipses it in size anyway.

at the end of the day though, i'm probably not the most qualified to comment on IRA decisions.

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DarkProto05
02/19/21 1:42:29 AM
#54:


Future_Trunks posted...
Im thinking about converting my Roth IRA into GBTC ... thoughts? @TheMikh
I wouldn't get rid of a Roth IRA, but instead add GBTC to your portfolio if you want. Saving for retirement (and paying less tax too!) is important. Just IMO.

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PatrickMahomes
02/19/21 1:43:33 AM
#55:


samurai bandit posted...
, GME squeeze when?
http://isthesqueezesquoze.com/

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#56
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DarkProto05
02/19/21 1:53:32 AM
#57:


Future_Trunks posted...
i have a ton in a traditional IRA and 401k so that's why i figured i could put my tax free stuff in there and i gotta do the backdoor shit
Oh well since you have multiple retirement accounts it doesn't matter if you forego the Roth.

I'm not the most qualified to comment on crypto. I'm a stock and options guy. If you think crypto is the future go for it.

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#58
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#59
Post #59 was unavailable or deleted.
Tired-Insomniac
02/19/21 8:29:56 AM
#60:


I have a good feeling about today.

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Lebronwon
02/19/21 8:37:00 AM
#61:


Kinda wish I bought more stuff yesterday before the close. Buying UAVS to flip after the short report worked out. But yea today is looking like a green day based off the premarket.

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wallmasterz
02/19/21 8:50:08 AM
#62:




Not the best timing when my funds finally cleared. Im planning to throw some more money at ENZC once it seems safe.

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BignutzisBack
02/19/21 8:52:18 AM
#63:


wallmasterz posted...


Not the best timing when my funds finally cleared. Im planning to throw some more money at ENZC once it seems safe.

Bro what? This is a great time, buy low sell high my man.

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wallmasterz
02/19/21 8:54:42 AM
#64:


Im just saying if I had waited a few more days, I wouldnt have bought before prices fell by half. Its a good opportunity to buy for sure though!

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Pitlord_Special
02/19/21 8:58:11 AM
#65:


wallmasterz posted...
Im just saying if I had waited a few more days, I wouldnt have bought before prices fell by half. Its a good opportunity to buy for sure though!

Thats the way she goes

https://m.youtube.com/watch?v=3SpihGKmYgY

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CE_gonna_CE
02/19/21 9:03:49 AM
#66:


Tired-Insomniac posted...
I have a good feeling about today.
Pre market is looking real green so far. Well see what the day brings.

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Lebronwon
02/19/21 9:07:52 AM
#67:


wallmasterz posted...


Not the best timing when my funds finally cleared. Im planning to throw some more money at ENZC once it seems safe.

Do you have any stocks that cost more than $5 a share?

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AtelierRyza3462
02/19/21 9:29:18 AM
#68:


AAPL is down, good time to buy
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Tired-Insomniac
02/19/21 9:32:45 AM
#69:


Wooo ENZC recovering

itll be in the 20s in like 10 minutes though Im sure

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wallmasterz
02/19/21 9:39:57 AM
#70:


Lebronwon posted...
Do you have any stocks that cost more than $5 a share?

OCGN. I have other stocks not shown but all under $5. Im looking at buying some T though.

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BignutzisBack
02/19/21 9:43:17 AM
#71:


OH YEAH

Just picked up 58,000 dirt cheap shares of FBEC

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lww99
02/19/21 9:51:12 AM
#72:


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#73
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DyingPancake
02/19/21 9:54:51 AM
#74:


BignutzisBack posted...
OH YEAH

Just picked up 58,000 dirt cheap shares of FBEC

Whats the word on this one?

Hemp based energy drink seems kinda niche

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BignutzisBack
02/19/21 9:57:34 AM
#75:


DyingPancake posted...
Whats the word on this one?

Hemp based energy drink seems kinda niche

There are rumors that the company is being revived and that at least one Oscar winner celebrity will be endorsing it. I've seen a lot of circumstantial evidence along with a very high volume despite the company not being active in 5 years.

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Sexypwnstar
02/19/21 9:58:55 AM
#76:


BignutzisBack posted...
There are rumors that the company is being revived and that at least one Oscar winner celebrity will be endorsing it. I've seen a lot of circumstantial evidence along with a very high volume despite the company not being active in 5 years.

Sounds like a pump and dump

I'm in

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BignutzisBack
02/19/21 10:02:07 AM
#77:


Sexypwnstar posted...
Sounds like a pump and dump

I'm in



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lww99
02/19/21 10:04:01 AM
#78:


How long will it take my funds to settle in rh? Im done with this stuff.

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BignutzisBack
02/19/21 10:16:35 AM
#79:


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lww99
02/19/21 10:20:08 AM
#80:


If I sold pretty much everything at loss, do I need to worry about taxes lol

like I dont think I made any profit whatsoever

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Sexypwnstar
02/19/21 10:20:47 AM
#81:


lww99 posted...
If I sold pretty much everything at loss, do I need to worry about taxes lol

like I dont think I made any profit whatsoever

No

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Tired-Insomniac
02/19/21 10:20:48 AM
#82:


lww99 posted...
If I sold pretty much everything at loss, do I need to worry about taxes lol

like I dont think I made any profit whatsoever

pretty sure you only pay taxes on gains

you might actually get a bigger refund next year if you lost money

but idk Ive never sold stocks before

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lilORANG
02/19/21 10:20:59 AM
#83:


lww99 posted...
How long will it take my funds to settle in rh? Im done with this stuff.

RH has instant deposit. It's the one thing that's made me hesitant to switch to another broker bc I keep seeing posts about how it's taking a full week for funds to settle. My fidelity account is so not usable after 3 weeks bc of his slow they're taking to link my bank.
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lww99
02/19/21 10:22:01 AM
#84:


lilORANG posted...
RH has instant deposit. It's the one thing that's made me hesitant to switch to another broker bc I keep seeing posts about how it's taking a full week for funds to settle. My fidelity account is so not usable after 3 weeks bc of his slow they're taking to link my bank.

instant deposit, but Im trying to withdraw my funds.

takes 2 days to settle

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LastTomorrow
02/19/21 10:23:00 AM
#85:


I'm holding on to HCMC. All I did was put 8 dollars in, 2000 shares.

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ToPoPO
02/19/21 10:35:55 AM
#86:


Still holding HCMC, don't think I want to invest anymore with these hitpieces.
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Makeveli_lives
02/19/21 10:46:15 AM
#87:


Put another 200 in APHA and 50 on organigram

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Lebronwon
02/19/21 10:46:22 AM
#88:


PLTR having a bounce back day. I probably shouldn't have listened to the media on them.

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Makeveli_lives
02/19/21 10:47:52 AM
#89:


lww99 posted...
If I sold pretty much everything at loss, do I need to worry about taxes lol

like I dont think I made any profit whatsoever
Its only a loss if you sell and we all had a shit week this week. It'll rebound. If you don't need it for immediate expenses may as well let it ride.

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Lebronwon
02/19/21 10:50:00 AM
#90:


lww99 posted...
If I sold pretty much everything at loss, do I need to worry about taxes lol

like I dont think I made any profit whatsoever

No you have to make money off stocks to pay taxes. And even then it depends on how much you make and how long you have held the stocks.

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delvec19
02/19/21 10:54:28 AM
#91:


Market up on my birthday woooo!

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Vampire_Wreath
02/19/21 11:00:24 AM
#92:


Lebronwon posted...
PLTR having a bounce back day. I probably shouldn't have listened to the media on them.

I mean the media reported that Cathie Wood bought a bunch so this is the result

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BignutzisBack
02/19/21 11:02:32 AM
#93:


MMEX is popping right now, maybe I should have bought more of that instead

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Lebronwon
02/19/21 11:08:08 AM
#94:


Vampire_Wreath posted...
I mean the media reported that Cathie Wood bought a bunch so this is the result

I looked at the positives and negatives some were saying companies were pulling out. So I went with the negative. I kinda did the opposite with UAVS there was a short report that tanked the stock and since it was a cheaper stock being under $10 compared to PLTR being around $26 gave that one a shot to flip at the open today.

UAVS bounced back so Im in the green either way. If I had more money to play with I could have took that PLTR chance but on to the next stock.

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Tired-Insomniac
02/19/21 11:17:09 AM
#95:


really hope ENZC closes over .50 today

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kage_53
02/19/21 11:23:54 AM
#96:


lww99 posted...
If I sold pretty much everything at loss, do I need to worry about taxes lol

like I dont think I made any profit whatsoever

You can claim up to $3000 in losses on next years taxes as a deductible.
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lww99
02/19/21 11:26:21 AM
#97:


it was only like $100 but Ill keep that in mind.

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Lebronwon
02/19/21 11:29:35 AM
#98:


Those bitcoin stocks MARA and RIOT doing well today.

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Propane4Sale
02/19/21 11:59:44 AM
#99:


Buddy in IT told me ZOM still has potential so I guess I'm back in on that dump even at $2/share *shrug*

He also suggested Russian oil and mining but ehhhh imagine treating mining, let alone Russia as a long term commodity in 2021.

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lilORANG
02/19/21 12:18:40 PM
#100:


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Vampire_Wreath
02/19/21 12:28:50 PM
#101:


HCMC is the only red thing I've got today

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