Master stock pick thread

[WVU]

how long do you think it take will before these companies bring back their dividends

 

2, 3, 4 years?

some never, I'm guessing most will start Q1 2022

[Boatboatboat]

Mid 2021.

 

If they dont many mutual funds that utilize div paying stocks will not incorporate them into the portfolio

[WVU]

just following the movement it always bounces back to 12-13.  Take the 20% then or stick with it for the long haul which I expect to get to 30 when people are flying again.  I don't exactly have inside information but I know a few people in management here at their corporate office.  

Take the quick money and get out or ride this like a fat chick.  This thing is on fire.  Up 20% today.  Investors must have read my thoughts on airlines

[ERBtheGREAT]

i'd go for short term trades but the tax rate is ridiculous

[WVU]

i'd go for short term trades but the tax rate is ridiculous

?

 

you don't pay tax if you reinvest  

[ERBtheGREAT]

you buy 1000 shares of save at 10

 

sell one week later at 12

 

2,000 profit short term capital gains tax is like 30%, am I missing something?  I thought once you sell a stock that you own for less than 1 year it's short term gain @ 30% tax

 

please enlighten me, that's just how I understood it

[fifty cint]

Spirit was a good call.I would think United is gonna be fuked

[WVU]

Erb, this article will help you not pay taxes on short term stock gains

 

https://www.forbes.com/sites/brucebrumberg/2019/11/05/tax-strategies-6-ways-to-defer-or-pay-no-capital-gains-tax-on-your-stock-sales/#493d51737ae1

[bookbraker]

I called Royal Caribbean a mile away.....was like $22.60 and now at 47.60......pussed out after listening to everyone tell me No way cruise lines would bounce back for years

 

I’ve done pretty good with United thou....

 

No you didn't.

 

You asked...I told you buy RCL and you said Spud told you the same.

[ERBtheGREAT]

it says 40k income will be 0% long term capital gains tax

 

now is the stock you sell included in that 40k number?  say next year I want to sell 50k worth of stock, if my income was less than 40k would I pay 0 on all that stock I sold?  that can't be correct right lol

[mikeman]

it says 40k income will be 0% long term capital gains tax

 

now is the stock you sell included in that 40k number?  say next year I want to sell 50k worth of stock, if my income was less than 40k would I pay 0 on all that stock I sold?  that can't be correct right lol

It depends on your tax bracket, long term gains are taxed at 0% for some , I think 5% for others(it maxes at 15-20% I think) Short term would be whatever your regular rate is.

[WVU]

I have losses when market was crashing to offset some gains. I can also donate stock sales to charity to not only not pay capital gains, you get the tax write off.

 

Your situation is different Erb and I really don’t know the answers. Do your research. I use turbo tax and it Goes through every possible deduction on capital gains.

[FISHHEAD]

WVU almost as good with stock touting as he is a poker tourney player

[mikeman]

I have losses when market was crashing to offset some gains. I can also donate stock sales to charity to not only not pay capital gains, you get the tax write off.

 

Your situation is different Erb and I really don’t know the answers. Do your research. I use turbo tax and it Goes through every possible deduction on capital gains.

I'm a real sharp investor, I almost always have plenty of losses to offset.

 

Sad but true.

[WVU]

its all timing m'boy.  You lose early, swallow it and you have all year to gain that back in pieces.  That's my plan and it's working so far.

[mikeman]

its all timing m'boy.  You lose early, swallow it and you have all year to gain that back in pieces.  That's my plan and it's working so far.

That's my problem, I dont cut my losses until it's too late.

[Teddy kgb]

No you didn't.

 

You asked...I told you buy RCL and you said Spud told you the same.

Lol....I told Spud that’s for sure....somebody here did give it to me and I took credit for it outside the forum and screwed up and now tried to take credit for it here.

 

I don’t think it was you thou.....somebody posted about them buying 10B in ships and that they weren’t going anywhere....if that was you cool....but that’s the true story

[WVU]

Good day for the Markets gaining 1-2%.  Great day for Team WVU gaining 13.59%

[MadTiger]

Good day for the Markets gaining 1-2%.  Great day for Team WVU gaining 13.59%

I dub you WVU-alpha for now. That is a great result.

[ERBtheGREAT]

Decent day here besides penn stock

[WeinkeToWarrick]

So I had poker stars stock and they got bought by flutter l. Now it’s just gone and so is the balance. Where did that money go?

[MadTiger]

So I had poker stars stock and they got bought by flutter l. Now it’s just gone and so is the balance. Where did that money go?

When it was converted to shares of Flutter Entertainment, that ticker symbol should be in your account, with a balance. That is strange.

 

EDIT: It should be something like PPB and they gave around 0.2253 of it for every one share of your old.

[WeinkeToWarrick]

Found it in my unrealized gains chart. Weird

[mikeman]

Found it in my unrealized gains chart. Weird

You haven't sold it yet, so there has been no gain or loss as of yet.

[MadTiger]

You haven't sold it yet, so there has been no gain or loss as of yet.

But it wasn't with his OTHER holdings.

 

The few times I have been in that position (holding a M&A target), the new symbol/acquiring company symbol appeared with my other holdings, just like normal.