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Share Picks 2021 - Thread banned users post #1

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Comments

  • #4832
    circadian
    Registered Users, Registered Users 2 Posts: 7,867 ✭✭✭circadian


    CFO dropped from the board, whatever that means to cause such a spike.


  • #4833
    GooglePlus
    Registered Users, Registered Users 2 Posts: 2,010 ✭✭✭GooglePlus


    Cute Hoor wrote: »
    I think you're right Gemma

    That'd be funny if this was about vaccines or Garda checkpoints but there's genuinely some sincerity in what I've said.

    Do you've any opinion on the matter? How often does Reddit go down like that? The amount of people using the platform is a lot more than the WSB following alone so I can't see this being an influx of traffic issue.


  • #4834
    banie01
    Registered Users, Registered Users 2 Posts: 18,648 ✭✭✭✭banie01


    At 8.30 I was down 20% on my positions in the meme stocks...
    At 9.45 I'm up 30% this is a rollercoaster ride and is probably the biggest financial story since Enron or the 2008 crisis.


  • #4835
    pioneerpro
    Registered Users, Registered Users 2 Posts: 598 ✭✭✭pioneerpro


    image.png


  • #4836
    Cute Hoor
    Registered Users, Registered Users 2 Posts: 1,788 ✭✭✭Cute Hoor


    GooglePlus wrote: »
    That'd be funny if this was about vaccines or Garda checkpoints but there's genuinely some sincerity in what I've said.

    Do you've any opinion on the matter? How often does Reddit go down like that? The amount of people using the platform is a lot more than WSB alone so I can't see this being an influx of traffic issue.

    Absolutely no offence meant, was meant to be funny.
    I agree with you, it smells fishy


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  • #4837
    thecomedian
    Registered Users, Registered Users 2 Posts: 1,590 ✭✭✭thecomedian


    circadian wrote: »
    CFO dropped from the board, whatever that means to cause such a spike.

    Some think it means that they will move more towards online sale than shops.
    I think it’s still heavily shorted.


  • #4838
    Tipsy McSwagger
    Registered Users, Registered Users 2 Posts: 9,072 ✭✭✭Tipsy McSwagger


    What is going on with GME & AMC? I have 61 shares in AMC I bought a month ago and thought I lost my $1k :)


  • #4839
    [Deleted User]
    Posts: 45,738 ✭✭✭✭ [Deleted User]


    GME will hit $200 shortly


  • #4840
    Cute Hoor
    Registered Users, Registered Users 2 Posts: 1,788 ✭✭✭Cute Hoor


    NAKD being dragged along as well


  • #4841
    richie123
    Registered Users, Registered Users 2 Posts: 790 ✭✭✭richie123


    6 wrote: »
    GME will hit $200 shortly

    Its gonna blow 200 out of it the way its going :)


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  • #4842
    thecomedian
    Registered Users, Registered Users 2 Posts: 1,590 ✭✭✭thecomedian


    It’s great to follow though


  • #4843
    Treppen
    Registered Users, Registered Users 2, Paid Member Posts: 4,816 ✭✭✭Treppen


    GooglePlus wrote: »
    Odd how Reddit crashes as this kicks off. The users on the WSB forums etc. are a drop in the pond compared to their overall user base.

    The tinfoil hat wearer in me says something sinister is afoot with them.

    Reddit be owned by "great bunch of lads"


  • #4844
    Timmaay
    Registered Users, Registered Users 2 Posts: 11,391 ✭✭✭✭Timmaay


    Can someone remind me about the 28day cgt rule? I sold some MGNI shares on the 5th feb to take profit's (so I've gains associated with that) and bought more back today (at a lower price than I sold back then). Does todays purchase have any other cgt effect that I need to know about?


  • #4845
    [Deleted User]
    Posts: 737 ✭✭✭ [Deleted User]


    What is going on lads, will it carry through to the open tomorrow? Is there a chance I may get to sell and break even? (Bought at average of 240). :D :pac:


  • #4846
    pioneerpro
    Registered Users, Registered Users 2 Posts: 598 ✭✭✭pioneerpro


    Timmaay wrote: »
    Can someone remind me about the 28day cgt rule? I sold some MGNI shares on the 5th feb to take profit's (so I've gains associated with that) and bought more back today (at a lower price than I sold back then). Does todays purchase have any other cgt effect that I need to know about?

    The first shares sold from the composite are counted as the last shares in IIRC


  • #4847
    Treppen
    Registered Users, Registered Users 2, Paid Member Posts: 4,816 ✭✭✭Treppen


    Timmaay wrote: »
    Can someone remind me about the 28day cgt rule? I sold some MGNI shares on the 5th feb to take profit's (so I've gains associated with that) and bought more back today (at a lower price than I sold back then). Does todays purchase have any other cgt effect that I need to know about?

    I thought it was just if you sold at a loss then you couldn't write off that loss if you jumped back in again. Open to correction.


  • #4848
    GooglePlus
    Registered Users, Registered Users 2 Posts: 2,010 ✭✭✭GooglePlus


    Sold €1000 of CCIV to buy GME at 20:50. Have been watching the price laughing to myself until I realised the order is still pending. Sickened.


  • #4849
    Treppen
    Registered Users, Registered Users 2, Paid Member Posts: 4,816 ✭✭✭Treppen


    Tipsy McSwagger wrote: »
    What is going on with GME & AMC? I have 61 shares in AMC I bought a month ago and thought I lost my $1k :)

    Basically a pyramid Ponzi musical chairs, last one dancing when the music stops is the looser.


  • #4850
    Richard Hillman
    Registered Users, Registered Users 2 Posts: 12,033 ✭✭✭✭Richard Hillman


    So what's going to happen tomorrow? All of the stock apps will stop the purchase of game and AMC again?


  • #4851
    [Deleted User]
    Posts: 737 ✭✭✭ [Deleted User]


    The original reddit guy doubled his position on the dip a few days ago after he testified in congress. What a lad.


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  • #4852
    JeffKenna
    Registered Users, Registered Users 2 Posts: 4,802 ✭✭✭JeffKenna


    GooglePlus wrote: »
    Sold €1000 of CCIV to buy GME at 20:50. Have been watching the price laughing to myself until I realised the order is still pending. Sickened.

    That's a hammer blow.


  • #4853
    TheValeyard
    Registered Users, Registered Users 2 Posts: 14,226 ✭✭✭✭TheValeyard


    Came here looking for answers.
    Everyone seems just as confused.

    Looks like I picked the wrong week to quit sniffing glue



  • #4854
    thecomedian
    Registered Users, Registered Users 2 Posts: 1,590 ✭✭✭thecomedian


    They said the last time it could have gone over a 1000 if they didn’t stop the sales. Can the do the same again without consequences?


  • #4855
    JeffKenna
    Registered Users, Registered Users 2 Posts: 4,802 ✭✭✭JeffKenna


    Judith Great Balance wrote: »
    The original reddit guy doubled his position on the dip a few days ago after he testified in congress. What a lad.

    Keith Gill, really came across lovely. His sister died last year and from his testimony you could see it was all about providing for his family and not really about money or fame.


  • #4856
    [Deleted User]
    Posts: 737 ✭✭✭ [Deleted User]


    JeffKenna wrote: »
    Keith Gill, really came across lovely. His sister died last year and from his testimony you could see it was all about providing for his family and not really about money or fame.
    You can tell from his youtube videos that he is a nice guy


  • #4857
    banie01
    Registered Users, Registered Users 2 Posts: 18,648 ✭✭✭✭banie01


    JeffKenna wrote: »
    Keith Gill, really came across lovely. His sister died last year and from his testimony you could see it was all about providing for his family and not really about money or fame.

    His testimony and his pre hearing statement were excellent IMO.


  • #4858
    Rothmans
    Registered Users, Registered Users 2 Posts: 1,806 ✭✭✭Rothmans


    Timmaay wrote: »
    Can someone remind me about the 28day cgt rule? I sold some MGNI shares on the 5th feb to take profit's (so I've gains associated with that) and bought more back today (at a lower price than I sold back then). Does todays purchase have any other cgt effect that I need to know about?
    Treppen wrote: »
    I thought it was just if you sold at a loss then you couldn't write off that loss if you jumped back in again. Open to correction.

    This is how I understand it also - i.e. you can't write off the loss against any other share.

    It's called Bed and Breakfasting gains and is perfectly okay AFAIK


  • #4859
    rosser44
    Registered Users, Registered Users 2 Posts: 571 ✭✭✭rosser44


    banie01 wrote: »
    His testimony and his pre hearing statement were excellent IMO.

    It took me a while to work through it, but apparently he likes the stock:D:D:D


  • #4860
    PokeHerKing
    Registered Users, Registered Users 2 Posts: 5,368 ✭✭✭PokeHerKing


    rosser44 wrote: »
    It took me a while to work through it, but apparently he likes the stock:D:D:D

    And he's not a cat;):D


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  • #4861
    GetWithIt
    Registered Users, Registered Users 2 Posts: 2,081 ✭✭✭GetWithIt


    Some pictures just in from Wall Street


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