One could easily argue that Hertz had way more to gain from the news than Tesla. Tesla doesn't have a demand problem. Tesla has a supply problem. They are already selling everything they can manufacture. As GigaBerlin and GigaTexas come online we might see if that can hold true but Tesla...
So what. Bet against Tesla. Go ahead. As you can see i put a less than $5K investment in Tesla last April. I have thought about selling but I am already on the hook for a bunch of taxes for my CDEV trades. Diamond hands... Keep in mind in the early 20th century there were many automobile...
Closed my position in CDEV at $7.70 this morning for a 121% gain. Been a great ride and not the first time I made a bunch of money on this one. Thanks to those here. Closed my position on AMPY at $3.99 for an 18.5% turn. Nice short term. Closed my position on GUSH at $121.49 for 92% gain...
We are here. I am back in at $1.43 after the first pass which made me money. It might be a longer haul for big returns so we will see how long I hold. I have to build a house but that will have to wait a spell. Not even CDEV has made me enough money to do that at this point. My TSLA went...
I pulled the trigger a couple times on the way down to $1900. Still bought more today.
Nice to see an 11%+ day out of GTE for all of us still holding that bag. I just need it to get to $.84 to be back in the green. Might finally be time for that dog.
Keep in mind of course that any time that Hindenburg drops a report they are actively shorting the stock. They want the stock to go down. I am not saying they are wrong but their intentions are not pure.
Yeah, I don't think smart money is looking to catch falling knives at this point. Money is going to be coming out of all these thing that got pushed to the moon without justification. Fast money will find somewhere else to be. Slow money will disappear. Oil looks good. Cash is a perfectly...
Yeah, I am holding a bag on TSNP that is getting pretty heavy. I am resisting the urge to just buy more because it is cheaper. Might be even cheaper tomorrow. Not much green on my screen today. I am more inclined to throw more money at oil.
I can't speak for every broker but I can for TD Ameritrade. The 1099 that you receive will have all your short and long term gains and losses. Your short term net and long term net are what you will need to pay taxes on. This will be clear on the form. Turbo Tax will be able to figure it out...
It certainly will cause the aggregate price to be dissimilar from your purchased price. It can be frustrating because it takes time for the wash sale rule to be reflected in your account. More often than not it will be the following day that you are suddenly looking at a different price that...
A wash sale occurs when you sell or trade stock or securities at a loss and within 30 days of the sale (either before or after), you purchase the same—or a "substantially identical"—investment.
So you sell your GME for a $500 loss today. Tomorrow (within 30 days) you buy GME again for a bunch...