Well here we are boys! March 2014 and the finale is upon us
I am down to 13,000 shares and it has been a fun ride
I doubled my IRA and already traded out of those shares
depending on what my CPA says it might be time to hand these last few off to the next guy
Thanks to don-t-panic and WTH for the hand holding over the years.
Time to pop the cork on Monday?
I am no CPA but mine charges me a small fortune to do the taxes on my bank issues
Fidelity reports a huge OID -original issue discount - as a gain every year
If you were to pay this every year you would have payed the taxes all along
My guy has to go in and enter every trade in a spreadsheet to recalculate the way fidelity reports it
I sent him an email this morning but i am hoping that i can sell right before the payout and take a long term capitol gain as i am pretty sure i have been postponing the gains but reworking the OID every year
I am ready to add today if we see these pre-market #'s continue
there is a little blood on the street
Warren Buffett 'Be Fearful When Others Are Greedy and Greedy When Others Are Fearful'
it seems to be the only green I have and I am all in this sector
I love a short squeeze and I hope you are correct!
yes - having the government control pricing is a good thing - our great leaders know what is best for us common folk
and also they should control wages - no one should be rich - raise the min wage!
they could seize all the assets of those corrupt unions too - maybe buy some cruise ships and start a vacation program for workers - call it "strength for joy" - how nice!
how about controlling business too - all that corporate greed - just take them over and put a symbol on the ones that are bad - like maybe a star on the window
while we are at it - the government should do something about racial matters - maybe start a program to control all the breeding going on in a certain sector of our population
they could call the program "Lebensborn"
Panic does his homework the former #1 pick has been a triple bagger but it moved down on valuation FBS-PA
It still is my largest holding because all the risk is gone and i am riding it down to the last nickel
I have been buying DRL common and pref. DORLO DORLN DORLL
This is really the last of the cheap banks - i am going to miss that sector once this fruit ripens a bit
My plan is to have a 100k position of common and pref
Viva Puerto Rico!
Sentiment: Strong Buy
Panic. I miss read your post to say the dorll is TRADING at 59.24!
I couldnt get logged in to my account fast enough. Lol
I was ready to throw down $$$$$$
I have a standing gtc order for the dorll in the 90's
Time will prove the pref to be a profitable investment
Verado i have never said one il word towards you but i actually expressed gratitude for your contributions. I dont want to get into a keyboard war with you but if you want i will give my address where i am in Lima Peru -heck i will even meet you up at the airport and you can enjoy peru after we talk. But you will be having soup the rest of your trip if you want to take that approach with me in person. Have a great day and best of luck to you in your positions.
Personally i love the shorts on here. It not only allows me to take a peek at their cards but advance my understanding when i see educated responses like these from panic and others. Thanks guys!
I have sold covered calls for the feb 7.50 and the $10 (easy money on the tens - thanks panic!)
Today could be interesting
I am long and strong MILL but i dont care if a quite a bit of my position gets called today -
Once i was in love with this girl but i found out she is a bit flakey and greedy - still a good girl deep down inside but she needs to grow up a bit - hopefully her parents (the BOD) will change things up a bit
Anyone else dating the same girl? ;)