Earnings call
12-07-2020 | 07:45 PM
#291
Gets Weekends Off
Joined: Dec 2005
Posts: 9,490
Likes: 498
“Up” $18,400
Gonna hang onto this one. I still think Spirit will be the first airline to recover and the stock will go back above $50 in the next 2-3 years. Hopefully next year with a vaccine out, airline stocks go even higher
12-07-2020 | 08:47 PM
#292
On Reserve
Joined: Apr 2019
Posts: 57
Likes: 0
SMH lol. You should of sold and re bought many times since then. Im going to jump back in once it contracts a bit. This pandemic has been a gold rush lol. I can name lots of companies that have increased over %100. I transitioned from save to tech, solar, ev, and up over%1000. Holding save should beat the market over next few years and thats all you need to do in the grand scheme of things. Good luck in the market
12-08-2020 | 04:18 AM
#293
Line Holder
Joined: Jun 2019
Posts: 1,284
Likes: 0
12-08-2020 | 05:02 AM
#294
Line Holder
Joined: Sep 2014
Posts: 1,691
Likes: 21
From: 60’s Tech, Right
I would have at least taken my original investment amount off the table so you’re playing with the house’s money. But we each have our own trading strategies... Well done!
12-08-2020 | 03:57 PM
#295
Line Holder
Joined: May 2015
Posts: 490
Likes: 41
I’m up almost the exact amount . Bought at $9.95. Just remember if you hold less than a year it’s taxed
as normal income .. after a year it’s at the capital gains rate (assuming it’s not in a tax deferred account).. but I’ll be keeping it for a long while longer.. it’s a good stock to hold IMHO
as normal income .. after a year it’s at the capital gains rate (assuming it’s not in a tax deferred account).. but I’ll be keeping it for a long while longer.. it’s a good stock to hold IMHO
12-08-2020 | 06:02 PM
#296
Line Holder
Joined: Sep 2014
Posts: 1,691
Likes: 21
From: 60’s Tech, Right
Each trader has their own strategy.... I’m regretting not looking into X.... Holy fook!!!! What a move in the last 3 months and I had no money on the line....
Last edited by Tranquility; 12-08-2020 at 06:15 PM.
12-08-2020 | 06:52 PM
#297
Gets Weekends Off
Joined: Dec 2005
Posts: 9,490
Likes: 498
Just about anything that didn't go BK pretty much went up. The travel risky stocks certainly did: airlines and cruises.
I got 10% of my salary all in to the employee stock purchase plan. Twice a year Oct 31 price and April 30, it looks at the lower of the two and then uses that to buy at a 15% discount. Today ALK is at $51. Oct 31 it was 37.xx which assuming it stays this way, it would buy at 15% discount of 37.xx for a purchase price of 32.xx And then you could sell right away at whatever price ALK is at. Assuming by April 30 vaccines are out, people are more comfortable with travel, airline stocks continue to recover. I could see ALK go back above 60 next year. That would be doubling the money through the ESPP!
I got 10% of my salary all in to the employee stock purchase plan. Twice a year Oct 31 price and April 30, it looks at the lower of the two and then uses that to buy at a 15% discount. Today ALK is at $51. Oct 31 it was 37.xx which assuming it stays this way, it would buy at 15% discount of 37.xx for a purchase price of 32.xx And then you could sell right away at whatever price ALK is at. Assuming by April 30 vaccines are out, people are more comfortable with travel, airline stocks continue to recover. I could see ALK go back above 60 next year. That would be doubling the money through the ESPP!
12-08-2020 | 06:58 PM
#298
On Reserve
Joined: Apr 2019
Posts: 57
Likes: 0
I’m up almost the exact amount . Bought at $9.95. Just remember if you hold less than a year it’s taxed
as normal income .. after a year it’s at the capital gains rate (assuming it’s not in a tax deferred account).. but I’ll be keeping it for a long while longer.. it’s a good stock to hold IMHO
as normal income .. after a year it’s at the capital gains rate (assuming it’s not in a tax deferred account).. but I’ll be keeping it for a long while longer.. it’s a good stock to hold IMHO
12-09-2020 | 07:58 AM
#299
That/It/Thang
Joined: Aug 2020
Posts: 3,500
Likes: 362
12-09-2020 | 12:53 PM
#300
Line Holder
Joined: May 2015
Posts: 490
Likes: 41
Within the 401k you can open a PCRA . Personal choice retirement account. Your contributions and spirits contributions can be steered into this account.
so instead of being limited to the 20+ choices the 401k allows you to chose from, within the PCRA you can buy whatever you want . Individual stocks, mutual funds, ETFs,
etc. and since it’s within the 401k it’s tax deferred. You can trade as much as you want.. buy and sell as often as you want. It’s tax deferred until you withdrawal it in retirement. I personally steer 35% of contributions into the PCRA, where I purchase stocks and mutual funds of my choosing .. call Schwab to set it up
so instead of being limited to the 20+ choices the 401k allows you to chose from, within the PCRA you can buy whatever you want . Individual stocks, mutual funds, ETFs,
etc. and since it’s within the 401k it’s tax deferred. You can trade as much as you want.. buy and sell as often as you want. It’s tax deferred until you withdrawal it in retirement. I personally steer 35% of contributions into the PCRA, where I purchase stocks and mutual funds of my choosing .. call Schwab to set it up
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