so ive eaten shit today, but only lost pennies worth.... missed out on CBAT ate shit on GME absolutely fumbled Corsair
have at me user!
Easton Gray
Supply issues like these ALWAYS makes the stock tumble. The same when nintendo couldn't have enough wii's out, and the same for anything that otherwise sells like hotcakes. It's presumably because this stretches out total sales over timeframe, which is probably always too optimistic by "smart" money.
Samuel Thomas
What is EOY on GME
Kayden Turner
OH fuck i get it now. uptick rule is in effect today, so this is the perfect chance for a whale to pump GME past $10 before close.
I don't have lvl 2 quotes, what's going on right now
Is it worthwhile to buy back into GME even though my stop loss on 100 shares got triggered a few days ago? Is it worth violating the wash rule?
Angel Gomez
my portfolio after SUNW and CBAT
Isaiah Ramirez
30035 lol.
Andrew Howard
fucking dumbass
Matthew Turner
>bLoCkBuStInG RIGHT NOW i could see the argument if they said they are going to stick with brick and mortar and try to boost e commerce. But the fact they are closing stores(maybe turn some of them into fulfillment stores)is a a good sign. They will be out from under leases and can use that money to expand an e comm presence. No guarantee of success in this space with other big retailers already in this space however, with Cohen and 55+mill subscribers it could be pretty good. At least they are trying and heading in the right direction. We will see where 'the conversations' Cohen outlined in his latest filing, go.
Juan Johnson
where heck am rug pull JUST PULL RUG ALREADY STOP GIVING HOPE
>>Supply shortages and cultish demand were bad for AAPL Yes. Look at the stock price history. >>Supply shortages and cultish demand were bad for Nintendo Yes. Look at the stock price history. >the absolute state of GMErs
Owen Butler
i bought 100 at .67 lmao, i'll buy another 100 if it gets to .3. it could literally go to 0 and i wouldn't give a fuck but i hope it doesn't lol
also even $1400 isn't a lot dude, get a job.
Ayden Baker
down $70 on GME
Bentley Hall
>GME going well below 10 at 9 bucks now
Buy time?
Easton Reed
>stop loss lol volatile stocks are just not for you
Josiah Bell
>shots of random niggers dancing My fucking sides.
Please help, I'm new to this. Should I average down?
Ian Carter
nah. wait for the bears to tank it again.
Bentley Ortiz
Yes, buy GME
Oliver Gutierrez
APPL doesn't even exist lmao
Lincoln Brown
I've made this mistake before. If you expect GME to go up then I would buy back in. The wash sale rule only affects if you sell at a loss if I understand it correctly.
Camden Davis
no me very long right now O_O usually me trades not go this easy
>well below 10 at 9 bucks now Dunno what reality you are from, but I wish that were true.
Kevin Jackson
>JUST stocktwits btfo
Jordan Young
I bought more shares a little after open at 9:49. You could risk it going lower, but at what point does it matter? Just go in, nut up or shut up.
Henry Davis
lmfao
Jacob Adams
>He bought a stock called “JUST ENERGY” >The stock clearly has a history of violent pump and dumps with full retraces past year >He bought 3x off the lows Sorry pal
Eli Butler
Just noticed that volume on tech is about half than usual. Is this a bull trap?
Nathaniel Fisher
Very poorly what the fuck are you doing? You should have been out of those already.
Kevin Turner
Wash rule is always in effect. You are allowed to report gains as capital gains under wash rule, but that would be retarded. Instead you prefer reporting them as adjusted cost basis. This means that you can account them against your losses and report a net loss at the end, if applicable.
AIHS is dead. ZOM is an old meme, very unlikely to ever do anything. JE is dead. CEI dunno but your chart suggests it's also dead. It will be awful for you, sorry user.
Cooper Evans
I literally cannot understand this and I have made the wash sale mistake many times. This will be the first year I pay taxes on my investments so I'm kind of worried. I have no idea how it works.
Christian Miller
I don't realistically see the stock going below .30 so hold your bag for the next 10 years and see what happens lmao
Elijah Cruz
I think I'll hold onto some AIHS for next week but only because I got my shares yesterday and sold half at the top earlier.
Christopher Hernandez
When market retraces bobo always gets out to spread his nonsense. You just have to remember that bobo always loses in the long run.
StockTwits is for entertainment, not investment ideas or advice. "MUH SHORT SQUEEZE" "scared money don't make money" "rocketemojirocketemojirocketemoji"
I really wanted to buy and am now super fomoing. Every time ive fomod, more often than not, i buy the peak. Reeeeee its so hard preventing myself from buying!!!!
you buy GME at $9. You sell it at $10. You then buy back in at $9.5, then exit at $8.5. Assuming those both count as wash sales, you would calculate your owings as follows:
- Cost basis of first trade = $9 - Capital gain at first trade exit = $1 - Cost basis of second trade = $9.5 - $1 = $8.5 - Total capital gain over both trades = $8.5 - $8.5 = $0
You therefore owe no taxes, but also cannot harvest any loss.
Gavin Bennett
I just bought the first stocks in my life with 5 GME stocks
I'm going to haunt you guys forever when I go broke
Michael Howard
unless we are seeing a trend reversal, it will bleed on monday. of course we could see news over the weekend which makes it green monday
Hudson Gonzalez
Ok, I get it now, I think. So you can write loses from stocks off your taxes? I didn't even know that. And the wash sale is just so you can't "create" losses at will and still hold the stock?
Asher Fisher
frig off
Nolan Flores
TWO LOTS OF ES_F IMPOSSIBLE FOR MOST YOU GUYS BE LONGER THAN THATTTTTTTT
Is the wash sale rule something you “violate”? I have wash sale markers on several of my positions in Fidelity, I thought it only meant that if you sell at loss and then buy back in, you won’t be able to report the sale as a loss in your tax report, instead the cost basis of your shares go up, essentially giving you a postponed tax break (less profit to be taxed on when you sell in the future). I also thought if you sell again, still at a loss, you’re back to being able to report it as a loss for your taxes. If I’m wrong I would really appreciate a correction.
Momentum has reversed. We may realistically see SPY 400 by end of year if Trump wins. It's time to start dropping tech and buying SPY. Other industries are poised to rebound hard now that covid is almost completely gone in America.
>Yeah babe it’s this crazy console and the catch is you need to physically buy the games you can’t just download it lol that doesn’t exist like you need to buy the games at GameStop like no other stores sell them. And the thing is they’re only open 10-9pm. So like if a game releases at midnight. I can’t pre download it and play at 12:01. I have to come back to this line here with my bro’s in the parking lot. Anyway how’s Tyrones dick?
Charles Fisher
Hehehehe question guys, so uhhh TQQQ is going back to 121.30, right?
Jaxon Gutierrez
>can you see that in th distance? >is that? >the stimulus? also white power
