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The Lounge>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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Hog's Gone Fishin 12:48 PM 06-13-2021

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TinyEvel 12:49 PM 06-13-2021
Y'all should just rename this the meme stock thread. While everybody futzing around with AMC, my OTLY stock went from $20 to 29 slow and steadily over four weeks. Plant-based future my friends.
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lewdog 01:05 PM 06-13-2021
Originally Posted by TinyEvel:
Y'all should just rename this the meme stock thread. While everybody futzing around with AMC, my OTLY stock went from $20 to 29 slow and steadily over four weeks. Plant-based future my friends.
I'd take some help getting this thread out of all the meme talk but no one helps me!
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displacedinMN 01:43 PM 06-13-2021
I am very lucky that my sister has an accounting degree her cpa and knows money very well.

I just also know that what I have in a mutual fund right now has dividends that we reinvest and we are paying taxes on that period I don't want to do that period.

When we sell this farm it will be split between my sister and I. It will be a sizable amount of money. I will let others do the math.


It won't reach one million, but we could have some capital gains on it I am willing to pay the 20% on that. I just don't want to have to continue pay taxes on the money that I'm investing and not be able to enjoy the salaries that we are making on our own.

I do trust my accountant. And the person that I would more than likely invest the money with. He has another batch of mine.
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lewdog 01:43 PM 06-13-2021
Originally Posted by Hog's Gone Fishin:
Um was he wearing really short jorts when he stood up?
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MTG#10 02:02 PM 06-13-2021
Originally Posted by lewdog:
Um was he wearing really short jorts when he stood up?
I noticed that too, looked like boxers...that's when I turned it off.
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Hog's Gone Fishin 07:57 PM 06-13-2021
Originally Posted by MTG#10:
I noticed that too, looked like boxers...that's when I turned it off.
Then you missed the best part
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Anyong Bluth 08:50 PM 06-13-2021
Originally Posted by KChiefs1:
:-)

I just hate paying taxes & I might have to pay the most taxes Ive ever paid when this thing rips.

https://youtu.be/YW554gS1fWs
As my grandfather used to say, "I'd rather be paying the taxes because it means I'm making money."

That dude made tons in the market & investments like farmland and commodities & metals back in the day.

Also, I highly doubt they make any adjustments retroactive, if there's any changes at all even.
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Anyong Bluth 08:51 PM 06-13-2021
Originally Posted by lewdog:
I'd take some help getting this thread out of all the meme talk but no one helps me!
This will blow over and then actual work will be required. Worry not, but your work and sharing is greatly appreciated!
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KChiefs1 09:34 PM 06-13-2021
Originally Posted by lewdog:
I'd take some help getting this thread out of all the meme talk but no one helps me!

I appreciate you Lew but I have too much tied up in that stock to care about anything else except women catfishing me.


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lewdog 09:49 PM 06-13-2021
Originally Posted by KChiefs1:
I appreciate you Lew but I have too much tied up in that stock to care about anything else except women catfishing me.

I bet shes a 300lb heifer in real life.
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ghak99 09:52 PM 06-13-2021
Originally Posted by displacedinMN:
I am very lucky that my sister has an accounting degree her cpa and knows money very well.

I just also know that what I have in a mutual fund right now has dividends that we reinvest and we are paying taxes on that period I don't want to do that period.

When we sell this farm it will be split between my sister and I. It will be a sizable amount of money. I will let others do the math.


It won't reach one million, but we could have some capital gains on it I am willing to pay the 20% on that. I just don't want to have to continue pay taxes on the money that I'm investing and not be able to enjoy the salaries that we are making on our own.

I do trust my accountant. And the person that I would more than likely invest the money with. He has another batch of mine.
Is it being offered as 5 tracts in an online format?
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Buehler445 11:08 PM 06-13-2021
Originally Posted by lewdog:
I bet shes HES a 300lb heifer in real life.
FIFY
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lewdog 06:57 AM 06-14-2021
Originally Posted by lewdog:
Stock screening and boozing is taking place before a dip in the pool.

This is the watchlist. Some of these have patterns that need to extend first but they should be watched. Below that is the best looking patterns and entries for breakouts.

ARDX
EVRG
STLD
WCC
ENTG
EXTR
SWAV
DIOD
GRMN
ARW
SSTK
CORE
FHB
HLT
ALLE
PM
MANT
TTMI
CW
EXPE
WBA


Best entries:
ENTG brk 116.55, stop 112.49, 3.5% risk
SSTK brk 94.25, stop 91.80, 2.6%
CORE brk 47.83, stop 45.60, 4.7%
ARW brk 124.76, stop 119.99, 3.8%

Secondary entries:
GRMN brk 145.20, stop 141.62, 2.5%
CW brk 128.55, stop 124.05, 3.5%
WBA brk 55.96, stop 53.25, 4.8%
AAPL brk 128.47, stop 126.60, 2.2% risk

Sometimes the patterns you scan for don't end up materializing. Instead the stock may trend down, move sideways or breakout before squatting. That why you keep a handful of patterns ready so that if your initial targets do not perform as expected, you move on to another stock that meets your criteria.

If you have questions please ask. I hope someone is learning from this. And again, this is trading stocks, not long term positions. Long term positions in indexes/funds make up 80%+ of my total investments.
ENTG and CORE are likely my first targets if they confirm breakout.

Still have AMZN and MSFT open from trades initiated last week.
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KChiefs1 07:09 AM 06-14-2021
Could be a big day fo me!

Become a millionaire & lay Katie Banks!
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