**OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition - Page 133

06-15-2021, 07:46 AM

#3961

Anyone suggest a good utility for stock/crypto tax tracking? I don't care if I have to manually enter all the buys/sells just want something to double-check my math.

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06-15-2021, 07:51 AM

#3962

Originally Posted By JoshSP1985⏩

Anyone suggest a good utility for stock/crypto tax tracking? I don't care if I have to manually enter all the buys/sells just want something to double-check my math.

Get a CPA. It probably costs less and you get their signature that your return was prepared by a tax professional.

See title.

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06-15-2021, 07:54 AM

#3963

Just went balls deep in gme.

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06-15-2021, 07:55 AM

#3964

dumping 80k into gme at this dip yolo

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06-15-2021, 07:59 AM

#3965

Originally Posted By ListenHereBruh⏩

dumping 80k into gme at this dip yolo

Jesus dude. What would you do if it drops to $130-140

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06-15-2021, 08:02 AM

#3966

Originally Posted By lntense⏩

Jesus dude. What would you do if it drops to $130-140

As a self-proclaimed degen gambler, I imagine he gets off on movements like that both up and down

All about that roller coaster and them hormone releases

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06-15-2021, 08:02 AM

#3967

Originally Posted By lntense⏩

Jesus dude. What would you do if it drops to $130-140

invest into ROPE
lol i have a high 6 figure networth boyo wouldnt even trip

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06-15-2021, 08:09 AM

#3968

Originally Posted By topperstyle⏩

I can’t believe my EYES

lmao

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06-15-2021, 08:09 AM

#3969

Originally Posted By Destor⏩

As a self-proclaimed degen gambler, I imagine he gets off on movements like that both up and down

All about that roller coaster and them hormone releases

If you have the money I get it. But damn. I thought my 10k today into gme was balsy as fuk lmao.

Originally Posted By ListenHereBruh⏩

invest into ROPE
lol i have a high 6 figure networth boyo wouldnt even trip

Fair enough, 60-70k loss would ruin me currently. Coming from the guy almost all in on amc..

Never rope brah

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06-15-2021, 08:19 AM

#3970

Currently almost +$6k today on O&G yeaaaaa bois

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06-15-2021, 08:21 AM

#3971

isnt the floow on gme like 140-160? i doubt itll go below 210

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06-15-2021, 08:23 AM

#3972

Can we have an actual discussion instead of chit stocks 24/7?

I see two likely outcomes tomorrow:

"We will begin tapering around [date] but continue to watch the markets and target 2% inflation" (although they won't do chit and inflation will continue to rise)

"We will not be tapering until we have made a full recovery but we will continue to watch inflation indicators" (still won't do chit but SPY calls will print on that day)

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06-15-2021, 08:25 AM

#3973

Originally Posted By ListenHereBruh⏩

isnt the floow on gme like 140-160? i doubt itll go below 210

I almost guarantee it wants to be pushing 300 again this week but they are selling off their 5million shares and keeping it bouncing around 220.

8k form has trimmed proxy vote numbers showing the entire public float. It’s definitely over shorted I don’t see how that’s possible that 100% public float voter turnout occurred, I lean to agree that it was trimmed to not show the over voting.

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06-15-2021, 08:25 AM

#3974

Originally Posted By Destor⏩

Currently almost +$6k today on O&G yeaaaaa bois

being in o&g, I should probably support o&g lol.

Originally Posted By ListenHereBruh⏩

isnt the floow on gme like 140-160? i doubt itll go below 210

Highly unlikely, just saying it's a possibility with these stocks.

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06-15-2021, 08:27 AM

#3975

Thoughts on the Hindenburg hit piece on dkng right after they took up a short position?

https://hindenburgresearch.com/draftkings/

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06-15-2021, 08:31 AM

#3976

Originally Posted By lntense⏩

being in o&g, I should probably support o&g lol.

A big part of my whole investing philosophy is investing in what you know and understand. If you know O&G, I think you'd be silly to not leverage that knowledge

Also in O&G and I spend 50-70hrs per week working in and thinking about the industry, so there's not much that I'm gonna have a more thorough understanding of

Originally Posted By Duckliver⏩

Thoughts on the Hindenburg hit piece on dkng right after they took up a short position?

https://hindenburgresearch.com/draftkings/

If it's a chit business then they should short it. Think I would definitely enjoy this side of shorting, investigating companies and exposing their garbage practices

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06-15-2021, 08:31 AM

#3977

Originally Posted By Duckliver⏩

Thoughts on the Hindenburg hit piece on dkng right after they took up a short position?

https://hindenburgresearch.com/draftkings/

these ****ers always pull this **** brb go short and then bash the company easy money

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06-15-2021, 08:36 AM

#3978

Hindenburg is pretty bally publicly shorting another company like this in the current environment tho no question, just wait for the squeeze crowd to jump on buying it up

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06-15-2021, 08:53 AM

#3979

Originally Posted By Duckliver⏩

Thoughts on the Hindenburg hit piece on dkng right after they took up a short position?

https://hindenburgresearch.com/draftkings/

I don't think this will pan out well for them.

Originally Posted By Destor⏩

A big part of my whole investing philosophy is investing in what you know and understand. If you know O&G, I think you'd be silly to not leverage that knowledge

Also in O&G and I spend 50-70hrs per week working in and thinking about the industry, so there's not much that I'm gonna have a more thorough understanding of

If it's a chit business then they should short it. Think I would definitely enjoy this side of shorting, investigating companies and exposing their garbage practices

I fully agree, just long term for me I'm not an investor. I believe there will be a select few o&g companies that will still be highly profitable in the next 10-20 years. And those companies are diversified into other areas.

As for swing trading I do plan to start doing more research in o&g(once the shorted stock stuff cools off, a lot of money to be made that I will then be able to invest), because you and I both know when chit is typically about to hit the fan and that does give us an edge.

Originally Posted By Destor⏩

Hindenburg is pretty bally publicly shorting another company like this in the current environment tho no question, just wait for the squeeze crowd to jump on buying it up

Exactly what I was thinking. Unless there's more to it than just the short position they have.

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06-15-2021, 08:53 AM

#3980

well another **** day in this **** market

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06-15-2021, 09:01 AM

#3981

Got out of my GME position on that downward trend, made out with slight profits still and looks like it just got halted…?

And that guy who wrote the negative article bout DKNG is a coont

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06-15-2021, 09:07 AM

#3982

Originally Posted By dopamine72⏩

Got out of my GME position on that downward trend, made out with slight profits still and looks like it just got halted…?

And that guy who wrote the negative article bout DKNG is a coont

Not halted for me, maybe it was brief