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FlyGuy2002 02-22-2021 04:54 AM

SAVE stock
 
For those guys/gals that own stock what is your exit point? It’s a had a good run lately. I loaded up last May in the $9.50 range. My goal is to wait until at least may as to minimize tax exposure. Barring any hiccups I feel it could be $50 range by year end. Has anyone locked in gains yet.? What is your price that will trigger profit taking?

RonnyK320 02-22-2021 04:59 AM


Originally Posted by FlyGuy2002 (Post 3198105)
For those guys/gals that own stock what is your exit point? It’s a had a good run lately. I loaded up last May in the $9.50 range. My goal is to wait until at least may as to minimize tax exposure. Barring any hiccups I feel it could be $50 range by year end. Has anyone locked in gains yet.? What is your price that will trigger profit taking?

My number is $45. In no hurry to sell.

Judge Smails 02-22-2021 06:31 AM

I think it all depends on when you feel the stock market bubble is gonna burst. It’s not a matter if, but when.

Tranquility 02-22-2021 10:45 AM


Originally Posted by FlyGuy2002 (Post 3198105)
For those guys/gals that own stock what is your exit point? It’s a had a good run lately. I loaded up last May in the $9.50 range. My goal is to wait until at least may as to minimize tax exposure. Barring any hiccups I feel it could be $50 range by year end. Has anyone locked in gains yet.? What is your price that will trigger profit taking?

Well, $35 was my original plan however I'd pay short-term capital gains taxes, so I have to wait till this summer. I've already sold half of my position back last summer at double my cost-average, so I'm just sitting on the House's money now.

Halon1211 02-22-2021 11:16 AM


Originally Posted by Tranquility (Post 3198244)
Well, $35 was my original plan however I'd pay short-term capital gains taxes, so I have to wait till this summer. I've already sold half of my position back last summer at double my cost-average, so I'm just sitting on the House's money now.

I bet it will go into the $40 range. I’m probably going to wait till after we announce we’ve made a profit post Covid and It will sure shoot up even more

week 02-22-2021 12:33 PM


Originally Posted by Halon1211 (Post 3198253)
I bet it will go into the $40 range. I’m probably going to wait till after we announce we’ve made a profit post Covid and It will sure shoot up even more

I could see that happening

Trr56 02-22-2021 01:44 PM

I dumped mine in Jan and bought more BTC

Aero1900 02-22-2021 08:24 PM


Originally Posted by Judge Smails (Post 3198154)
I think it all depends on when you feel the stock market bubble is gonna burst. It’s not a matter if, but when.

That already happened. Remember when it went down to 7 bux? It's still climbing.

I'd sell above $45

Keroburner410 02-22-2021 09:49 PM

Set a stop loss trigger where your comfortable

Judge Smails 02-23-2021 06:40 AM


Originally Posted by Aero1900 (Post 3198411)
That already happened. Remember when it went down to 7 bux? It's still climbing.

I’m talking about the stock market in general...and our stock price hitting $7 had nothing to do with an artificially inflated market.


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