Boiler Room: The Official Stock Market Discussion

mr. smoke weed

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Y'all think PLTR gonna keep rising in the short term?

I feel it will definitely go up in the long term, but as for the short term I'm not sure if it's going to have the rug pulled out from under it.

I got a $375 profit from it off of the 20 shares I purchased (I don't actually have the profit yet because I haven't sold the shares). Any hope that since Peter Thiel does some shady things it will go back down to the low teens?
I don't see it stopping going open any time soon. I sold all my stocks with low confidence and bought into PLTR when it was like 22? Last week, and I'm still adding as profits settle, personally. I think a PT of $100 in the next two years is realistic.
 

mr. smoke weed

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i was skeptical in 2017 too. didn't buy the hype. anything parabolic scares me. :manny:

but now it happened again, so i'm now 100% convinced. we are entering the digital currency / digital payment era. i'm a bull and i'm gonna keep on investing in crypto space because i really feel like whales are starting to warm up to the idea of investing in cryptos. because of the pandemic they feel there will be more utility for the digital currency in general. before then it was just a nerdy idea for nerdy cacs in the basement. we are passed that.

and i'm not disagreeing with you. it's schizo for real. it's only for the short term traders and the long term bag investors. we have no idea if it will run up and blow past 20k or come down to earth to 12k. but volatility is nice as long as you buy cheap and build position. that's exactly what i plan to do next 10 years. build position. i got a good position on ETH, and XRP. LINK is building up, but i'll wait for more drop off. BTC, i missed the boat. i want to get in below 12k. hopefully it crashes big tme below 10k again.
Square....Square.........Square!!!
 

manyfaces

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:mjlol: Everyone attention: As you may or may not be aware, DASH (Door Dash) will be debuting soon. That's the Tesla of Food Delivery service. Expect that stock to go on a run. More importantly, expect other stocks in a similar vein (WTRH, GRUB, ect.) to rise along with it. Just like TSLA made the entire energy sector turn up, I expect DASH to do the same. WTRH is a penny stock-- DASH won't be-- but I imagine this would be the time to load up on WTRH before it's too late.
This time I'm not gonna ignore the possible buffet being presented.:salute:
 

Strike One

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Been watching this thread for awhile...studying up. Curious how you guys handle tax hits from flipping positions in one company and moving to another. Like if I sell my position in company A with the intention of moving those gains into company B, do you just keep part of that gain tucked away or future taxes? You can't move all those gains straight from A to B because of capital gains right?
Want to make sure I understand the tax side of this before jumping in
 
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Been watching this thread for awhile...studying up. Curious how you guys handle tax hits from flipping positions in one company and moving to another. Like if I sell my position in company A with the intention of moving those gains into company B, do you just keep part of that gain tucked away or future taxes? You can't move all those gains straight from A to B because of capital gains right?
Want to make sure I understand the tax side of this before jumping in

I always maintain liquidity for my tax hit at filing
 
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