-2.3 million people in the US have type 1 diabetes which requires insulin. -43 million people in the world require insulin. These are just the people that require it to survive....people diagnosed with type 2 diabetes can sometimes manage it with a change in diet and exercise. There are an additional million people in the US diagnosed with type 2 that need insulin. Extrapolating this number, we're looking are very roughly 100mm potential consumers. Of which only 5mm are currently being marketed to. TNDM- Tandem Diabetes Care. They make insulin pumps and have grown their stock price by 1,800% since 12/31/17. https://www.sec.gov/Archives/edgar/data/1438133/000156459018004141/tndm-10k_20171231.htm Pay attention to their risk factors section. Basically, if any of the big dogs get in to the insulin pump market, they'll take a big hit .But, that would take time, so in the mean time, I think the company looks good enough to take a risk.
https://finance.yahoo.com/chart/STM...5IiwidGltZVVuaXQiOm51bGwsInNldFNwYW4iOnt9fV19 Stamps.com has ended it's exclusive agreement with USPS. That's going about as well as you would expect it to go
FLNT is trading at $5.25 right now. When I first posted it, it was $4.63. We're both laughing but for different reasons right now.
Been looking for an entry point for Roku for a while. Yesterday was the day. Probably my most well timed investment in ever.
If you would have been listening to me itt over the last several months you would've got in earlier. All of my ROKU shares are in at an average of $38.89
Damn! That's some bad investing...good work! My "portfolio" is up 28% over the past 3 months and 22% over the past year. If you want to start investing in a super solid dividend stock for the long term then you should be buying EPD shares. It's rock solid.
Pretty new to this but starting to do some swing trading and got in IQ at $20.00 flat and sold today at $25.05. Still rising and should have held but wanted to stay true to my original plan
If I had more time during the day to allocate for trading I’d be doing mostly swing trading myself. Do you have enough in the account to avoid trade fees? Loving the entry points I got in for MSFT, APPL, FB, BA, and MRK so far
I’ve only owned one stock that was involved in a bidding war once and it lasted for about 20 minutes. I owned Shire pharma and Takeda announced they were going to buy them. About a week (?) later Allergan reportedly was interested in buying Shire. David Faber was reporting this on CNBC and I couldn’t look away. Nurses kept trying get me to go see some patients but I couldn’t move. Shire started flying north. But at the same time Allergan started dropping off a cliff because the market was very disapproving of their potential purchase. I kept thinking sucks to be them. Again it only lasted about 20 minutes as the CEO of Allergan got so scared of the drop in his stock that he announced they werent interested. Shire lost all its momentum and dropped precipitously. It was a fun 20 minutes.
What is a K-1 form like at tax time? Is it pretty much like a 1099 where you're just taxed on the dividends you received, or are there more surprises?
Not sure yet, haven’t printed my Robinhood documents yet and this is only my first year buying dividend stocks.
K-1s are fucking awful if you want to do your taxes yourself. You better make a lot of money off the investment to make it worth it.
A K-1 reports your share of the income or loss of the partnership you're invested in. The difference is that the amounts aren't related to the actual money you received, but on your share of the overall partnership results. The partnership could have reported an overall tax loss due to depreciation or depletion deductions for oil and gas partnerships, but you still received a return of money. It can also make preparing your tax return much much more complicated.
Yep. So much compliance involved with investing in PTPs. That alone makes it not worth it. Not to mention you most likely won’t even be able to deduct the losses and your accountant will want to stab you in the eye.
Ok. How do I avoid having to file a K1 then? From what I am gathering from previous posts....some type of stocks would require the K1? The fuck is PTPs that Alshon mentioned in his previous post?
PTP = Publicly traded partnership. Partnerships report their end of year tax impacts to their partners on Form K-1. If you don't want to deal with a K-1, don't own an interest in a company whose name ends something along the lines of L.P., or hold it in a tax advantaged account if you do.
Should someone do that will they have to worry about it down the line when they start to receive the contributions?
There’s potential issues with UBTI. My best advice is stay the fuck away from PTP’s unless you’re paying someone already to do your taxes. They are absolutely awful.
Do you invest through VXXB? I'm trying to learn more about trading VXXB on swings, but I'm not sure it correlates to VIX as closely as you would want/expect. I also read that its costs associated with constantly rolling over future contracts and its nearly perpetual contango hurts the upside. The issuer also has a call option that allows it to redeem your shares at any time, in its sole discretion, at the then-current price. The risk of VXXB exercising this option in the event of a huge spike or potential spike in volatility further caps upside. Thoughts?
You can't. It's a pain in the ass to own small interests in PTPs. The worst is when they amend their returns and issue amended K-1s, causing you to have to amend your personal return.