Share Picks 2021 - Thread banned users post #1

dan786 · 28-01-2021 11:31AM

supersonic21 wrote: »

we didn't discuss CGT in law :rolleyes:

but yeah that CGT is a killer, even with the 1270 exemption dreading the day I have to withdraw money.

I meant he is a very smart kid.

Atlas_IRL · 28-01-2021 11:33AM

The tax here makes it much harder to actually win.

supersonic21 · 28-01-2021 11:34AM

dan786 wrote: »

I meant he is a very smart kid.

Of course, just messing with you

do you know what pushed him to invest 2k in GME back then? definitely a ballsy move with quite a lot of capital for a student so curious about his reasoning at the time

Atlas_IRL · 28-01-2021 11:35AM

Supercell wrote: »

CCIV down to $19.12 in premarket, am tempted depending on what it does on market open of course, I think it may dip further then, worth taking a punt?

yes anything under 20 dollars is worth it, its going to rocket if it is announced. Possibly get some of this gem money floating into it as well hopefully.

VinLieger · 28-01-2021 11:37AM

Atlas_IRL wrote: »

The tax here makes it much harder to actually win.

Yup vested stocks are even worse when you buy them you pay 50% tax on the difference between the price you vested at and the current market price.

So you might join a company and have a vested price of 1 euro, then when you buy your shares it could be 50 euros. So if you have 100 shares they cost 100 euro to buy but you pay 2500 euro in tax, and then 33% on the sale price if you ever sell.

dan786 · 28-01-2021 11:39AM

supersonic21 wrote: »

Of course, just messing with you

do you know what pushed him to invest 2k in GME back then? definitely a ballsy move with quite a lot of capital for a student so curious about his reasoning at the time

Apparently he started following stocks after watching a Indian series on a scam on the stock market. Called "The Scam of 1992", it was all about short selling and how a guy made billions coming from a very poor family. Based on true story of Harshad Mehta

https://en.wikipedia.org/wiki/Harshad_Mehta

A good watch.

crushproof · 28-01-2021 11:43AM

Thank goodness I live in the Queens country, much more generous to investors and savers.

SmokyMo · 28-01-2021 11:43AM

Brokers restricting buying GME and AMC now.

Shedite27 · 28-01-2021 11:43AM

Darando wrote: »

sweating at the thought of the revenue cut when someone mentions the tax bill or how to fill out a CGT :eek:

Worry about banking the gain first, then the tax. Without a gain there's no tax

VinLieger · 28-01-2021 11:44AM

SmokyMo wrote: »

Brokers restricting buying GME and AMC now.

Barefaced market manipulation very obviously being pushed from behind the scenes by those who are losing

dan786 · 28-01-2021 11:45AM

NAKD and KOSS

BB and NOK

Next targets it seems

SteelyDanJalapeno · 28-01-2021 11:50AM

dan786 wrote: »

NAKD and KOSS

BB and NOK

Next targets it seems

Lol

How many more times are you gonna post this?

MikeSoys · 28-01-2021 11:51AM

SmokyMo wrote: »

Brokers restricting buying GME and AMC now.

lawyer on cnbc late last night saying he was recommending ceesing trading on GME stock for two weeks - cnbc was imlying that would be manupiluation but lawyer argued against it as Elon tweeting about GME caused influence on the stock, lawyer said 2 weeks of no trading would also hurt short sellers.. there planing to do something i think; if they [NASDAQ] do something like this it will spill over to other areas causing a downward trend on other stocks.imo

Gamma1 · 28-01-2021 11:52AM

PSAC a SPAC doing 3B link up with Faraday electric vehicles. Took a small punt.

Timmaay · 28-01-2021 11:53AM

SteelyDanJalapeno wrote: »

Lol

How many more times are you gonna post this?

Dan you need to rename to danWSBgod lol

drunkmonkey · 28-01-2021 11:53AM

Will somebody think of Virgin, you want to get to the moon your going to need a rocket boys.

After-Hours High $47.90
After-Hours Low $40.00

dan786 · 28-01-2021 11:53AM

SteelyDanJalapeno wrote: »

Lol

How many more times are you gonna post this?

Just helping the folks out. I think this week is the busiest this thread has even been so hard to keep track and read through all the pages.

SteelyDanJalapeno · 28-01-2021 11:58AM

dan786 wrote: »

Just helping the folks out. I think this week is the busiest this thread has even been so hard to keep track and read through all the pages.

Fair, if you had a lower post count I'd question your motives!

Will keep an eye on them

MrMusician18 · 28-01-2021 11:59AM

Is this mania we are witnessing? No one actually believes GME is a good company no matter how much they profess to like the stock.

VinLieger · 28-01-2021 12:03PM

MrMusician18 wrote: »

Is this mania we are witnessing? No one actually believes GME is a good company no matter how much they profess to like the stock.

No how are people still not getting this?

https://www.vice.com/en/article/pkdvgy/send-this-to-anyone-who-wants-to-know-wtf-is-up-with-gamestop-stock

TheBetsy · 28-01-2021 12:03PM

How about iRobot for the next squeeze? Currently $151 in PM and up about 70% in the past week. Still heavily shorted apparently

dan786 · 28-01-2021 12:04PM

SteelyDanJalapeno wrote: »

Fair, if you had a lower post count I'd question your motives!

Will keep an eye on them

I only own a few GME at the moment and am eyeing those stocks I mentioned. They seems to be doing well premarket. With NAKD being a cheap stock and seeing this surge it worth keeping an eye. Same with KOSS this was 10$ at market open and was upto 95 after hours .

Huge risk so only going to throw in very little that I can afford to lose. No one should put their rent money/savings on these or any other stocks at the moment. Once they clamp down on these few , it will have affect on the entire market.

MikeSoys · 28-01-2021 12:05PM

FYI - [from twr] ...Multiple brokers alegedly blocking BUY AMC ...

MrMusician18 · 28-01-2021 12:05PM

VinLieger wrote: »

No how are people still not getting this?

https://www.vice.com/en/article/pkdvgy/send-this-to-anyone-who-wants-to-know-wtf-is-up-with-gamestop-stock

I know it's a short squeeze, but they must surely be covered by no?

After hours trading saw the price plummet when WSB went down so it's not institutional investors supporting the price, it's redditors buying and selling at elevated prices to each other.

dan786 · 28-01-2021 12:06PM

MrMusician18 wrote: »

Is this mania we are witnessing? No one actually believes GME is a good company no matter how much they profess to like the stock.

Apparently they are making EVs next year and partnering with Tesla after the Musk shoutout haha. :pac:

Chuckie_Egg · 28-01-2021 12:06PM

Atlas_IRL wrote: »

yes anything under 20 dollars is worth it, its going to rocket if it is announced. Possibly get some of this gem money floating into it as well hopefully.

Careful with this one, no guarantee it will rocket on the news

MrMusician18 wrote: »

Is this mania we are witnessing? No one actually believes GME is a good company no matter how much they profess to like the stock.

Not mania, a short squeeze. In theory the stock price could go much much higher, even $10k/share

dan786 · 28-01-2021 12:10PM

The brokers are banning buys of GME this to so that people only sell and the price dips and hedge funds can cover their shorts at a smaller loss. They are losing billions already. If shorts are not covered and people keep buying the price will sky rocket.

Similar to this with VW in 2008:

https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F0039b913-b126-4d66-a9e7-d32c35937152_FINAL.png?fit=scale-down&source=next&width=700

VinLieger · 28-01-2021 12:10PM

MrMusician18 wrote: »

I know it's a short squeeze, but they must surely be covered by no?

After hours trading saw the price plummet when WSB went down so it's not institutional investors supporting the price, it's redditors buying and selling at elevated prices to each other.

Yet its spiking right now above 460 during pre market?

dan786 · 28-01-2021 12:13PM

WSB has gained another 1M members after the shutdown last night.

Kilboor · 28-01-2021 12:14PM

The value gained from WSB might diminish as the user base grows. Especially if they start posting and ignore biases

Share Picks 2021 - Thread banned users post #1

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