my plan is to stay in for a few years and not trade with the ups and down, I believe in this stock BUT like I was saying should it drop to 7.00 then i'll get a margin call so I may sell some before earnings to protect myself. I think the real volatility is gone in this stock, it'll pretty much be all up from here unless you're on margin like me and can't take the occasional set back
that's good to know. thanks. I don't usually try to snipe the dividend (it's too confusing and not worth it usually) just never know what might happen when oil has been so crazy. I'm up on this stock but if it drops to 7.00 i'll get a margin call!! If it were to drop to 9 or even 8 i'm good. nothing worse than having to sell when you know it'll be back up in a month or even 2 weeks
No, it could mean everyone will sell together and the stock will drop back down to 7 or 8. Encouraging people to not sell because of a nice distribution might mean earnings are going to be less than stellar. that's my fear. People have already made tons in this stock, no reason not to have a sell-off before earnings, so maybe they're trying to offset that
intend with a d and trump couldn't get the fleas his wife gave him off his #$%$, believe it. He's the biggest joke around. rich boy
LOL I love the terminology here. ETE won't be spared. You won't be spared either cause i'm telling you f off
unless I can sell on the 4th and still get the distribution - then that would be fine. Not that I want to sell but if somehow the earnings are crazy bad
sounds like they want to make sure I hold through earnings or am I crazy wrong?
I don't get it and I was Admin on a large estate with stocks of all kinds. I guess I forgot it all by now.. I know I had to do a massive spread sheet with cost basis for the stocks (what a hunt that was trying to find purchase dates on actual stock certificates stocks not an electronic account and then sale dates which had to be averaged cause the person died on a Saturday (Friday's close and Monday's close) but I don't remember MLP's causing a problem. it was years ago though so ... So in a regular account if I purchased my 3K shares around 7 and would sell at 20 (let's say) would I have recaptured losses or just st gains?
Question Not Totally. So let's say he sells it now and buys ETE in a regular account tomorrow. It goes up to 20.00 before the end of this year and he decides to sell then and take his profits... won't he still have to pay taxes on his gains under short term gain rules unless he has carryover losses to offset them? Seems to me, taxes are unavoidable when you're making a profit? If we think ETE is going where we think it is going which is up, it might be better to simply hold it for a few years. Less taxes all around? Me, I have carry over losses that protect me quite nicely (sadly) so I can sell whenever I want to and not have to worry too much unless the profits were insane, which they won't be.
stops don't always mean much though if you wake up to bad news. Better than nothing, of course.
seems to me, if you really believe it's going up, 8 is a great price. That being said, I was asking the same thing you are when it was at 7 and I was hoping for it to go back to 5. At this point, I'd just buy some and not worry too much. Sounds like if it pulled back to 6.50 you'd buy a whole lot more but remember, buying too much of any one stock is always risky so maybe just buy a sweet spot amount at 8 and take the ride up. I have 3000 at this point. I'm happy with that. If I HAD more cash I could see myself buying 5000 or 7000 but then what? You just never know so I'm learning to be happy with my 3000 shares and feel like it's less of a worry. Good luck to all.