Official Investing Thread

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

  1. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    Closing on our house 7/31 so I’m back baby
     
  2. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Miami MarlinsJacksonville JaguarsSporting Kansas CityAvengersMiami HeatSneakersWu-tangBook Club

    DIS at 1-month high. If it hits $120, I'm buying puts.
     
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  3. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
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    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    F me
     
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  4. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Just a casual $20B bet against them right now.
     
  5. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    What strike you looking at? I’ve got a limit order in at $105. It’s cheap, and I don’t expect this market (or country) to behave rationally, so don’t want to bet too much
     
  6. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    has anyone sold old like stock stock before. wife was given disney stock as a kid and have been too lazy to get rid of it. looked up how to get rid of it and it seems convoluted.

    mostly just wanted to complain.
     
    dukebuckeye likes this.
  7. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Probably around the $115 range, expiring some time in August.
     
  8. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

    Who is her broker?
     
  9. ohhaithur

    ohhaithur e-Batman
    Donor

    Yeah, it's just a completely different scenario. I definitely think it's a ridiculous bubble, just didn't think Enron was the comparable
     
  10. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    vanguard is the only brokerage she has a non-retirement based account in her name.
     
  11. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
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    I assume by your post you meant she just has a paper stock certificate. She needs to register the certificate with a transfer agent. I bet Vanguard would help her.
     
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  12. pacey

    pacey Well-Known Member
    Donor

    That seems like something cool to own
     
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  13. pacey

    pacey Well-Known Member
    Donor

    Stagger Lee take a look at TBT and let me know if you see some divergence on the longer time frames. Seems like if the shorter ranges shift it could be a good scalp today
     
  14. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    correct
     
  15. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
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    Not really seeing it.
     
  16. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Anyone ever transferred open positions on stonks across brokers before?

    Completed the move last week and it seems the new broker registered my positions as the current price, rather than what my actual buy average was on the old broker.

    (This worked in my favor on more of my positions than not but I stand to make a fair number of #gainz off of this fact - wanted to make sure it's not something I need to manually adjust somewhere)
     
  17. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    TSLA 2500 calls (the furthest OTM available) that expire Friday are $1255 and the volume is 21,000. I’m infatuated with everything around this stock.
     
  18. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    That is insane
     
  19. ohhaithur

    ohhaithur e-Batman
    Donor

    Someone also bet $150,000 today that it would drop below $900 by Friday lol
     
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  20. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    Elon was bored.
     
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  21. pacey

    pacey Well-Known Member
    Donor

    That was Elon. Here comes a tweet
     
  22. pacey

    pacey Well-Known Member
    Donor

    On a side note MGM blew up this morning.
     
  23. Ty Webb

    Ty Webb Living rent free in Jigga's head
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    Nebraska CornhuskersChicago CubsChicago BullsDetroit LionsChicago BlackhawksTiger Woods

    TD let's you edit your cost basis manually. I assume most other brokers have this functionality.
     
  24. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    They do. The issue is that requires you knowing your exact position at the time of transfer.

    Looks like I should be able to use my account summary for July, once it's available. The only problem would be trading the stock before then. Hm...
     
  25. Ty Webb

    Ty Webb Living rent free in Jigga's head
    Donor
    Nebraska CornhuskersChicago CubsChicago BullsDetroit LionsChicago BlackhawksTiger Woods

    Cost basis doesn't change when you transfer accounts. You should be able to pull your old basis information from the delivering brokerage and update your new account accordingly so you're all square from a tax standpoint. I may be misunderstanding your question.
     
  26. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    no idea why my images do this, but this is the 2nd or 3rd time in the last 3 trading days that Tesla has briefly done this. Technical guys, can that signal anything? 51B1A0A0-DCD3-4AAC-916A-B815BDB526ED.jpeg
     
  27. ohhaithur

    ohhaithur e-Batman
    Donor

    My charts don't have that dip at all
     
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  28. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
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    See edit.

    In theory, cost basis shouldn't change, I know. But I'm 110% certain that I held an average cost of higher than the position transferred in at, on my old broker. But now I'm looking at my account summary on the old broker for June, and it shows the cost basis as way lower than what my average cost displayed as on a day-to-day basis.

    I suppose I shouldn't be surprised that RH has this fucked up.
     
  29. Gotch Yarbrough

    Gotch Yarbrough Canada eh?
    Donor

    Seems like a glitch considering that chart bottom is about 100 points below the daily low listed directly below it. Not seeing it on more detailed charts either.
     
  30. gordon bombay

    gordon bombay magician's alliance enthusiast
    Donor
    Georgia Tech Yellow JacketsAtlanta BravesAtlanta HawksAtlanta Falcons

    I have had some stocks change symbols and halt for awhile on Td ameritrade and it seems like they just alter your trade price to $0 when this happens.
     
  31. NoNatty

    NoNatty Keyboard Cowboy
    Donor
    Oregon DucksPortland Trail BlazersSan Francisco 49'ersManchester UnitedPortland Timbers

    why do you have 30k in a Robinhood account?
     
  32. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    Tesla is up 200 today. It was trading for 200 a year ago

    Amazing
     
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  33. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsDallas Mavericks altTexas Tech Red Raiders alt

    fractional shares on RH for the noobs
     
  34. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    So I bought two 07/17 900 puts and made $24.

    SUCK ON THAT ELON

    I’m now retired from trading TSLA, no questions please.
     
  35. Gallant Knight

    Donor
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    uh this fucker might close red
     
  36. bRamonceTaylor

    bRamonceTaylor Well-Known Member
    Donor

     
  37. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Come on Tesla... all I need is another $600 drop in the next 4 days and we are in business
     
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  38. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersUnited States Men's National Soccer TeamLiverpoolCharlotte FC

    Wait wtf happened this afternoon.
     
  39. Baseballman86

    Baseballman86 Well-Known Member
    Alabama Crimson TideAtlanta BravesAtlanta Falcons

    Tech stocks pulling back hard.

    Those that missed the boat on GAN and FSLY may have another shot soon
     
  40. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
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    Elon heard GK shorted TSLA again and immediately pulled the stock back.

    Fascinating, really.
     
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  41. Gallant Knight

    Donor
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    i just sold half
     
  42. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    What did you profit?
     
  43. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
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    GK just paid for the mother-in-law suite.
     
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  44. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    140%
     
  45. dukebuckeye

    dukebuckeye I’m OK with your low opinion of me.
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    I need dollars, friend.
     
  46. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosRice OwlsAston Villa

    $16k. i just bought 3