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Stock picks
| February 25th, 2021 at 4:29:22 AM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 22 Posts: 4177 |
I dipped my foot in the pool. Bought 10shares at $46.90. Brilliantly sold at $50.25 for $33.50 profit. I think it peaked at around $180 after hours. Had I waited would have made an extra $1300. Stepdaughter bought at a near bottom of $35. Sold at $150. She made $1150. That is A LOT of money for her. She has also made (relatively) A LOT trading cryptos. I keep saying this may turn into an expensive lesson. She must think she will turn into a millionaire. Last night she said the Reddit push will have it go up quite a bit more!! I haven’t checked pre market yet.... |
| February 25th, 2021 at 5:27:52 AM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 135 Posts: 18212 |
The big cryptos will go up. BTC, ETH, even LTC. But she should dollar cost average in. Trading it is dangerous. The President is a fink. |
| February 25th, 2021 at 6:43:51 AM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 22 Posts: 4177 |
What she will do and should do likely have no correlation. How can I tell her in any way she will believe me that her reading Reddit, doing what it says, make $1000 or more a day is not a smart strategy? I will say this.... Even if she eventually hits the position that goes to $0, she has made so many multiples already it will take a whole bunch of them for her to not be ahead. She definitely does not dollar cost average in, as she puts whatever she feels like risking in immediately, then has gotten out quite quickly. I don't think she holds much. |
| February 25th, 2021 at 7:40:04 AM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 135 Posts: 18212 |
If she is trading in crypto at least tell her she should move to stable dollar coins and not cash. Way faster trades and possible tax savings. The President is a fink. |
| February 25th, 2021 at 3:01:05 PM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 22 Posts: 4177 |
I’m not telling her. Since I don’t understand much of this! |
| February 25th, 2021 at 3:25:45 PM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 135 Posts: 18212 |
Stable coins are supposed to track $1USD or their own currency. A holding place for crypto. The President is a fink. |
| February 25th, 2021 at 3:44:09 PM permalink | |
| petroglyph Member since: Aug 3, 2014 Threads: 25 Posts: 6227 | https://wallstreetonparade.com/2021/02/within-a-matter-of-months-the-feds-balance-sheet-will-hit-8-trillion-these-charts-tell-the-rest-of-the-story/ The last official act of any government is to loot the treasury. GW |
| March 10th, 2021 at 2:46:51 PM permalink | |
| terapined Member since: Aug 6, 2014 Threads: 73 Posts: 11799 | My 1k Bitcoin dip is now worth 1686 Yippee Tempted to sell but dont need the money Yet Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |
| March 10th, 2021 at 5:33:46 PM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 22 Posts: 4177 |
Remember, I think if you sell you would have a tax liability on $686 of ordinary income! But that’s a good problem.... |
| March 12th, 2021 at 11:48:11 AM permalink | |
| terapined Member since: Aug 6, 2014 Threads: 73 Posts: 11799 | How about that stock market I was cheering with conservatives when the market went up during the Trump years Still going up during the Biden Presidency yet conservatives now silent Obviously Wall St agrees 1.9 trill will save the economy Even republican voters are for the bill Yet no republicans voted for a bill their voters support No doubt classic BDS. Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |