Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. Toast

    Toast Doowutchyalike
    Donor
    Kansas State WildcatsIllinois Fighting IlliniChicago White SoxChicago BearsChicago BlackhawksMontreal Impact

    This. If you just short shares, you could get wrecked if it suddenly spikes.
     
    tmbrules likes this.
  2. Gallant Knight

    Donor
    Arkansas Razorbacks

    Trop likes this.
  3. Trop

    Trop 2017 CFP National Champions - Clemson Tigers
    Donor
    Clemson TigersAtlanta BravesAtlanta UnitedTiger Woods

    Thanks man
     
  4. Toast

    Toast Doowutchyalike
    Donor
    Kansas State WildcatsIllinois Fighting IlliniChicago White SoxChicago BearsChicago BlackhawksMontreal Impact

    Yikes $NVDA.
     
  5. Trop

    Trop 2017 CFP National Champions - Clemson Tigers
    Donor
    Clemson TigersAtlanta BravesAtlanta UnitedTiger Woods

    I'm about to make a play
     
  6. Gallant Knight

    Donor
    Arkansas Razorbacks

    spend the time before the market opens trying to see if the fire will affect any ancillary companies. you're probably too late to bet against the power company, but who knows i've lost plenty of money this year.
     
    Detlef Schrempf likes this.
  7. Taques

    Taques dang ole pretty pretty pizza
    Staff Donor TMB OG
    Texas Tech Red RaidersBoston Red SoxBoston CelticsBoston BruinsManchester City

    blew through that 52-week low like it was nothing
     
  8. Gallant Knight

    Donor
    Arkansas Razorbacks

    FYI PCG going ham AH
     
    Trop likes this.
  9. The Great Pumpkin

    The Great Pumpkin The Next Portugese Prodigy
    Donor TMB OG

    Ouch $NVDA. Ouch.
     
  10. Toast

    Toast Doowutchyalike
    Donor
    Kansas State WildcatsIllinois Fighting IlliniChicago White SoxChicago BearsChicago BlackhawksMontreal Impact

    [​IMG]
     
    #9910 Toast, Nov 15, 2018
    Last edited: Nov 15, 2018
    lechnerd and Taques like this.
  11. The Great Pumpkin

    The Great Pumpkin The Next Portugese Prodigy
    Donor TMB OG

    PCG $24 calls were going for $0.15 at close today. Somebody pulled some shit today for sure.
     
    lechnerd and Trop like this.
  12. 1

    1 Hound is NOT my bitch
    Staff Donor
    Nebraska CornhuskersTiger Woods

    Fellow investing bros...you all have taught me so much this year. I have another n00b question...

    Until this year, I had never invested anything directly in the stock market myself. Now that I'm a big boy, buying, and selling, and all that cool stuff... Have I just made my taxes much more complicated?
     
  13. tjosu

    tjosu This is kind of like the breakfast club, huh?
    Donor
    Oklahoma State CowboysHouston AstrosHouston TexansTiger Woods

    No. You’ll receive a 1099 from your broker and it will tell you your total dividend income as well as capital gain/loss. If you’re trading large amounts and take out some large cap gains you could get to the point where you owe a little in taxes because your withholding from your W-2 might not cover it but again, that would likely need to be some larger trades
     
    tmbrules and 1 like this.
  14. Jimmy the Saint

    Jimmy the Saint It's like the Weimar Republic in that place
    Donor
    Penn State Nittany LionsGreen Bay PackersChelseaHartford WhalersUnited States Men's National Soccer Team

    What do you mean by complicated; owing more or simply additional information to fill out?
     
    1 likes this.
  15. 1

    1 Hound is NOT my bitch
    Staff Donor
    Nebraska CornhuskersTiger Woods

    The latter. Just wasn't sure on all the forms to expect. tjosu answered that
     
  16. Jimmy the Saint

    Jimmy the Saint It's like the Weimar Republic in that place
    Donor
    Penn State Nittany LionsGreen Bay PackersChelseaHartford WhalersUnited States Men's National Soccer Team

    It shouldn't be too onerous. Don't invest in any publicly traded partnerships.
     
    john fairfax and tjosu like this.
  17. 1

    1 Hound is NOT my bitch
    Staff Donor
    Nebraska CornhuskersTiger Woods

    I don't even know what you mean. I just buy/sell on Robinhood.
     
    Wallcoq likes this.
  18. lechnerd

    lechnerd low energy lech
    Donor
    Texas AandM Aggies

    That analyst got ORIG’d hard.
     
  19. tjosu

    tjosu This is kind of like the breakfast club, huh?
    Donor
    Oklahoma State CowboysHouston AstrosHouston TexansTiger Woods

    Best tax advice ever
     
  20. john fairfax

    john fairfax An expert at baccarat
    Donor
    South Carolina GamecocksBaltimore OriolesBaltimore RavensLiverpool

    Yeah. I made that mistake purchasing USO once. Fuck a K-1.
     
    Rabid likes this.
  21. Houndster

    Houndster Ball don't lie
    Staff Donor

    Yes. Pay me $1,000 and I’ll do your taxes for free
     
    JoeySmalls likes this.
  22. Detlef Schrempf

    Detlef Schrempf Well-Known Member

    Hope that guy didn’t short
    Hoping you listened to him on the puts instead of shorting it. It’s up 40% today on news that they could get government assistance in the event that they’re responsible.
     
    Trop likes this.
  23. Trop

    Trop 2017 CFP National Champions - Clemson Tigers
    Donor
    Clemson TigersAtlanta BravesAtlanta UnitedTiger Woods

    I didn't do either phew
     
    Gallant Knight likes this.
  24. Gallant Knight

    Donor
    Arkansas Razorbacks

    GE poopfest continues.
     
  25. Taques

    Taques dang ole pretty pretty pizza
    Staff Donor TMB OG
    Texas Tech Red RaidersBoston Red SoxBoston CelticsBoston BruinsManchester City

    i wouldn’t mind it going a little bit poopier
     
  26. Detlef Schrempf

    Detlef Schrempf Well-Known Member

    I’m pooping right now.
     
    Caga palo likes this.
  27. tmbrules

    tmbrules Make America Great Again!
    Donor
    Clemson TigersChicago CubsCincinnati RedsChicago Bears

    Interesting update from JP morgan today




    upload_2018-11-16_15-14-5.png
     
  28. Detlef Schrempf

    Detlef Schrempf Well-Known Member

    Jeff Saut at Raymond James has been saying essentially the same thing for the last month and a half. His proprietary model signaled a short term sell oct. 2nd, it flipped back positive on Oct. 30th but he predicted another dip back near the lows before an end of the year rally unless something substantial changes from the fed or in China.
     
  29. Detlef Schrempf

    Detlef Schrempf Well-Known Member

    Just to clarify I think Saut’s implication has been that the run down earlier this week was likely our retesting if the lows.
     
  30. Toast

    Toast Doowutchyalike
    Donor
    Kansas State WildcatsIllinois Fighting IlliniChicago White SoxChicago BearsChicago BlackhawksMontreal Impact

    me watching $SNAP's chart:

    [​IMG]
     
  31. heelfan

    heelfan Well-Known Member
    Donor
    North Carolina TarheelsCarolina PanthersPhiladelphia Eagles

    Would be curious to hear if anyone is invested, or has taken a look at Coty. They are one of my company's bigger clients, stock has taken quote a hit over the past few years.
    They just replaced their CEO, I'm considering buying some because of their strong brand names and I think the stock is near a low.
    Div. is nice too, but I think they may cut it soon to pay down some debt.
     
  32. 1

    1 Hound is NOT my bitch
    Staff Donor
    Nebraska CornhuskersTiger Woods

    I have not looked into them. I did just research and started investing in EPD last week as a long term Div play.
     
  33. Gallant Knight

    Donor
    Arkansas Razorbacks

    Holy fuck

    They’re going to prison
     
  34. The Banks

    The Banks TMB's Alaskan
    Donor TMB OG
    Oregon DucksGreen Bay PackersDetroit Red WingsBayern Munich

    Let’s not post zerohedge ITT. Save that for the Shit Pit thread
     
  35. lechnerd

    lechnerd low energy lech
    Donor
    Texas AandM Aggies


    Forgive me for bringing up Merck again...

    Dow has just been murdered lately. Dropped 400 pts. today and what did Merck do? Hit another 52 week high on a terrible market day. Its been hitting 52 week highs nearly every other day for the last 2-3 weeks. Volume is WAY up. And MRK is just getting ready to ramp up their buy backs. Keytruda is killing it and Merck is reaping the benefits. I planned on selling my options last month but got greedy and I'm glad I did. This stock is a machine...

    [​IMG]
     
  36. letan

    letan Just looking for the gator board
    Donor
    Florida GatorsTampa Bay RaysJacksonville JaguarsTottenhamReal Madrid

    texasraider likes this.
  37. Gallant Knight

    Donor
    Arkansas Razorbacks

    Today shaping up to be not great
     
    BrickTamland and lechnerd like this.
  38. Detlef Schrempf

    Detlef Schrempf Well-Known Member

    Tech is just going to the slaughterhouse, might be time to start buying soon to hold long term.
     
    1 likes this.
  39. Gallant Knight

    Donor
    Arkansas Razorbacks

    7A2826E2-A2F1-468B-9640-7D3C7A8A9EB7.png I started buying these when they were $.03 on November 8th. Robinhood asked if I was sure if I wanted to buy them because there was no market to sell them. Not anymore
     
    The Great Pumpkin, lechnerd and 1 like this.
  40. 1

    1 Hound is NOT my bitch
    Staff Donor
    Nebraska CornhuskersTiger Woods

    Ok, explain this to me like I'm 10.....because for all intents and purposes, in this situation, I am
     
  41. Gallant Knight

    Donor
    Arkansas Razorbacks

    These expire 6.21.18
     
  42. Taques

    Taques dang ole pretty pretty pizza
    Staff Donor TMB OG
    Texas Tech Red RaidersBoston Red SoxBoston CelticsBoston BruinsManchester City

    being up on microsoft was a fun time but now i am homeless again
     
  43. ned's head

    ned's head Well-Known Member

    I have an etf account and a smaller equities account for fun that I never look at.

    It was a pleasure to see my 3 largest holdings (nvda, msft, ge) mentioned on this page. Add LUV and I'm stuck eating peasant stew from here on out.

    Anyways, are you fuckers dropping more in with the downturn of this week?
     
  44. Taques

    Taques dang ole pretty pretty pizza
    Staff Donor TMB OG
    Texas Tech Red RaidersBoston Red SoxBoston CelticsBoston BruinsManchester City

    oh dear, my condolences friend
     
  45. john fairfax

    john fairfax An expert at baccarat
    Donor
    South Carolina GamecocksBaltimore OriolesBaltimore RavensLiverpool

    What a wild ride today. I was down $1500 premarket in my robinhood account. So I didn’t have the motivation to check once the market opened. Now I’m only down $265
     
  46. Gallant Knight

    Donor
    Arkansas Razorbacks

    Don’t know dick about nvda or msft

    GE is on a chapter 11 collision course
     
  47. Detlef Schrempf

    Detlef Schrempf Well-Known Member

    Whole heartedly agree with this.
     
    Gallant Knight likes this.
  48. Taques

    Taques dang ole pretty pretty pizza
    Staff Donor TMB OG
    Texas Tech Red RaidersBoston Red SoxBoston CelticsBoston BruinsManchester City

    set my $7.5 GE puts to expire too early (this friday), but only down 30% on them now. was down 60% earlier today, so maybe it will be ok by friday
     
    Gallant Knight likes this.