ABW Stock Exchange: All Things Investing

[AZTG]

As we approach the end of the fiscal year, are y’all doing anything in particular to mitigate capital gains taxes on your short flips?

Theres really nothing I can do. Im just gonna take my Ls with taxes

 

[Rubato]

Bought 10 shares. Hope it works out

Good luck

I bought months ago (mistake) and I would love to break even at least

 

[Rubato]

Theres really nothing I can do. Im just gonna take my Ls with taxes

My understanding is that you can sell other securities at a loss to offset the gains from a taxes standpoint (tax loss harvesting). I don’t think I’m at the point where I have anything ready to sell tho.

 

[ChicagoFigure]

RYCEY is fuckin jumping

 

[ChicagoFigure]

Shit just dipped im thinking about buying more lol

 

[AZTG]

LCA up a 12% which makes me up about 50%. Time to consider selling.

 

[Brandonj280]

Getting started into investing. It's sort of fun learning everyday about how it works & being apart of a company growing that's gonna earn me more money. Got 4 different companies so far trying to become diversified.

 

[Rubato]

Just sold $GE at 10.89 after buying at 7.10

 

[ChicagoFigure]

RYCEY went up to $2.54 (+50%) before settling end of market at $2.12
:cry:

Still good gains though. I increased my position betting big on this one hopefully it pans out.

 

[Rubato]

RYCEY went up to $2.54 (+50%) before settling end of market at $2.12
:cry:

Still good gains though. I increased my position betting big on this one hopefully it pans out.

I threw a 3.30 limit order on that one, hopefully it doesn’t disappoint

 

[darkboy301]

Hey stock market Gods please hear my plea.....lol

Idk if it was this or the other stock thread but can I get quick rundown on market cap and p/e ratio again?

And what's the "magic number" or range investors need to look for in those two categories when searching for companies to invest?...thanks in advance.

 

[Rubato]

Entry point

 

[AZTG]

My understanding is that you can sell other securities at a loss to offset the gains from a taxes standpoint (tax loss harvesting). I don’t think I’m at the point where I have anything ready to sell tho.

That shit sounds too confusing to me

 

[Rubato]

Buying when this one finds its bottom

 

[Rubato]

Earnings call Thursday, some risk but also some opportunity if you get in beforehand. Personally I prefer to look for bargains right after disappointing earnings calls.

 

[IP360]

Buying when this one finds its bottom

View attachment 413453

As much as I shop there...you'd think I would've bought stocks already

 

[Rubato]

 

[ChicagoFigure]

Earnings call Thursday, some risk but also some opportunity if you get in beforehand. Personally I prefer to look for bargains right after disappointing earnings calls.

View attachment 413458

Aren't most grocery retailers going to have declining earnings this quarter? That shit that happened when covid first hit was unprecedented and I don't ever see that being matched again.

If that's enough to drop stock price then damn near everything is a decent buy after earnings reports

 

[Rubato]

Aren't most grocery retailers going to have declining earnings this quarter? That shit that happened when covid first hit was unprecedented and I don't ever see that being matched again.

If that's enough to drop stock price then damn near everything is a decent buy after earnings reports

I know the Kroger stock tanked after earnings so I guess so. My Albertsons stock has been doing great though.

 

[ChicagoFigure]

RYCEY on that bullshit today but Tesla looking nice