The Rokslide Stock Traders Thread

[Badseed]

Does anyone have a general rule about when you look to average down your cost. Say you wait for at least a 5% drop or something?

By no means am I a financial guru or even close to it but many people smarter than me answer your question by asking you to answer these questions:

Is this a short or long term investment?
If long term, how much do you understand the company your are investing in and how confident are you that the price will rebound?
If short term, how much of gain do you need on another investment to recoup your losses? Basically, the more you lose, the more you need to recoup on your next investments to break even.

For example, if you invest $100 and the price drops 5%. You sell and are left with $95 to invest. With tour next $95 investment, you need to make a 5.3% to get back to your initial $100 which is highly probable. This calculation compounds quickly as you losses increase.

Next example, if your $100 investment looses 15%. Your next $85 investment will need a gain of roughly 18% to break even. This is a tougher task in the short term.


Sent from my iPhone using Tapatalk

 

[Broomd]

Dividends for those of us who are in the REITS.
GPMT declared a quarterly cash dividend of $0.25 per share of common stock for the first quarter of 2021. This dividend will be payable on April 19, '21 to common stockholders of record as of April 1, '21.

NYMT:

Declared	Ex-Date	Record	Payable	Amount
Mar 15, 2021	Mar 24, 2021	Mar 25, 2021	Apr 26, 2021	0.10	U.S. Currency

 

[Broomd]

Youd be RAKING it in double with that many shares. Did you say you have 50k?

You could sell 500 covered calls with that many shares 4/16 $1 strike calls are .05 you could make $2500 on premium alone. If they hit you could more than likely wheel it and collect premium the other direction too until you picked the shares back up or collected premium non stop on selling puts.

Holding 36,500 GTE @ .52, I'd like to hold 50K, I'm going to work at it as cash allows.
I've got my hands full as it is with just equities and my TD acct.

 

[Okhotnik]

Kinda true

Sent from my SM-G960U using Tapatalk

THAT IS TOO FING TRUE

 

[Broomd]

 

[Baddog]

Where do you guys think AABB is headed? I’ve had a little for awhile but still not really sure about any of this crypto stuff...

 

[Badseed]

Where do you guys think AABB is headed? I’ve had a little for awhile but still not really sure about any of this crypto stuff...

I got in small a few weeks back because I like the concept. Since then, I have done more research and and added to my small investment. I really like the concept plus the company seems to be doing everything right and is methodical about it. Now that the tokens are live I expect to see a spike Monday when people learn about it and jump in with fomo. The question is what happens when it hits the 50 cent mark which is basically the resistance point so far.


Sent from my iPhone using Tapatalk

 

[Johnboy]

View attachment 275209

I just searched this thread for DVN (Devon Energy Corporation) and see that I asked about this one back on 4/19/20. My money would be x3 now if I'd bought and held. They're one of the few that added rigs. Hindsight, ya know?

 

[Okhotnik]

I just searched this thread for DVN (Devon Energy Corporation) and see that I asked about this one back on 4/19/20. My money would be x3 now if I'd bought and held. They're one of the few that added rigs. Hindsight, ya know?

Ive been in and out of DVN twice, like CPE, AXAS, CDEV, SM, GTE.... If I only held from last April. too instead of chasing the new hot sectors.... Hindsight and all that lol. Guess we'ill have to wait another 10 years or most likely longer for another opportunity like last March

 

[Broomd]

Long-Term Capital Gains Rates​

After the passage of the Tax Cuts and Jobs Act (TCJA), the tax treatment of long-term capital gains changed. Prior to 2018, the tax brackets for long-term capital gains were closely aligned with income tax brackets. TCJA created unique tax brackets for long-term capital gains tax. These numbers generally change from year to year.

Tax Rates for Long-Term Capital Gains 2020
Filing Status	0% rate	15% rate	20% rate
Single	Up to $40,000	$40,000 to to $441,450	Over $441,450
Head of household	Up to $53,600	$53,600 to $469,050	Over $469,050
Married filing jointly	Up to $80,000	$80,000 to $496,600	Over $496,600
Married filing separately	Up to $40,000	$40,000 to $248,300	Over $248,300

Source: Internal Revenue Service.6

Short-Term Capital Gains Tax Rates​

Short-term capital gains are taxed as though they are ordinary income. Any income you receive from investments you held for less than a year must be included in your taxable income for that year.2

For example, if you have $80,000 in taxable income from your salary and $10,000 from short-term investments, your total taxable income is $90,000

The tax you'll pay on short-term capital gains follows the same tax brackets as ordinary income.

Tax Rates for Short-Term Capital Gains 2020
Filing Status	10%	12%	22%	24%	32%	35%	37%
Single	Up to $9,875	$9,876 to $40,125	$40,126 to $85,525	$85,526 to $163,300	$163,301 to $207,350	$ 207,351 to $518,400	Over $518,400
Head of household	Up to $14,100	$14,101 to $53,700	$53,701 to $85,500	$85,501 to $163,300	$163,301 to $207,350	$207,351 to $518,400	Over $518,400
Married filing jointly	Up to $19,750	$19,751 to $80,250	$80,251 to $171,050	$171, 051 to $326,600	$326,601 to $414,700	$414,701 to $622,050	Over $622,050
Married filing separately	Up to $9,875	$9,876 to $40,125	$40,126 to $85,525	$85,526 to $163,300	$163,301 to $207,350	$207,351 to $311,025	Over $311,025

Source: Internal Revenue Service.7

Long-Term vs. Short-Term Capital Gains

Understanding the difference between long- and short-term capital gains ensures that the benefits of your investment portfolio outweigh the tax costs.

www.investopedia.com

 

[Crowmangler]

Where do you guys think AABB is headed? I’ve had a little for awhile but still not really sure about any of this crypto stuff...

Bought a chunk on 2-17 for $0.25 then sold on that bloody Tuesday (2-23) for $0.32 ... In hindsight I regret selling it but hard to complain about a 28% return in a week.
Personally I think it's a good concept also but I see them as one of many peripheral plays on crypto. Probably just as good / or bad as any of the others. It's so early any one of them could be a golden ticket.
I've been researching crypto a lot since then. Opened a couple accounts & just started buying individual ones directly. There are some that have 5x - 10x + just since March 1. (not any that I bought)
Instead of watching the bull why not just jump on & ride it? It's not for the faint of heart lol,

 

[Broomd]

TSNPD slooowly coming to life, name change Friday to HMBL, app dropping soon--global player--should be a great week! FORW will catch up too.

Luckin killin' it -- 5-6 days ago $5.80, right now $11+ ....a dark horse for crazy money on minimal shares over the next 4-5 months.

 

[back country]

Holding 5k shares of TSNPD long term


Sent from my iPhone using Tapatalk

 

[go_deep]

Bought more BORR and RIG today.

 

[mattyd23]

Yup, travel is still far from their pre-pandemic levels. Probably still a good buy.

 

[go_deep]

Thought I got some good deals yesterday on some oil stocks, guess I was wrong. Oil stocks are on sale big time in premarket right now. Not sure if they're done dropping thought.

 

[MuleyFever]

 

[Broomd]

I've sold a few EV/btc-stock plays; hated to do it, but won't let some of these OG prices go without adding.
I won't sit in margin.
Grabbed some GTE - up to 40K shares now.
Added some HLX and some BORR.

 

[22lr]

ABML sure wasn't at the bottom at $1.86... not sure how low to let it go before buying again.

 

[Brightwhite]

ABML sure wasn't at the bottom at $1.86... not sure how low to let it go before buying again.

I have been watching this one bleed for the last 7-10 days, I don't know either but would be interested in opinions. Today looks like a good deep red day to buy....