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Clov baby!
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Clov baby!
Shout out to revised 1099s all the way through May!They mostly summarize everything between the types of classes such as wash sales, STCG/L, LTCG/L, and dividends. However you still want to do a side calculation on the side in excel to check that that math checks out. When I interned at a tax firm you’d be surprised how many errors we’d find on a Morgan Stanley or Goldman Sachs brokerage statements.
Yup the squeeze is onwhat’s driving this spike in Clov? Reddit again?
Yeah its somewhere in General. I havent had time to update the performance but I think we can all assume iheartboost is winning with his NKLA assignment.Does the draft have a different thread
Just wondering. Does anyone know any meme stock millionaires (who actually cashed out)? Can an army of 300,000 to maybe a million afford to continue to buy $300 priced shares of gme? This whole gme setup feels contrived. Institutions had insiders get out of amc with general ease. And we're to believe a few million people can make a stock rise 17%. Big players are fighting big players. Stop this made up narrative msm.
The problem is you have to be extremely lucky to get out at the top when it comes to meme stock pumps. I'd say maybe 1% (even less) actually time it perfectly and get out with 6 to 7 figure profits.
I've also noticed 80% of wsb is full of options. A lot of people love the pumping and dumping and don't believe in the actual product. But like I said before, it's not often you see a sell order form screenshot for options. It's almost always just current market value gains.
Please do your due diligence. Lots of trickery at play. They want you bag holding as they sell hundreds of option contracts. But they're still 'hodling' most of their shares.
wallstreetbets has always been majority of options, that is literally what they were known for. I lurked for a long time, lots of folks making money, way more losing their ***. They have always been about the “yolo” plays. Hopefully people don’t stick around looking there for advice, most of the people making money in that group are several steps ahead of the next person.
Research, foresight, perspective.how can I be several steps ahead lol
thanks for the infoThey mostly summarize everything between the types of classes such as wash sales, STCG/L, LTCG/L, and dividends. However you still want to do a side calculation on the side in excel to check that that math checks out. When I interned at a tax firm you’d be surprised how many errors we’d find on a Morgan Stanley or Goldman Sachs brokerage statements.