Author Topic: Stocks  (Read 135394 times)

Offline gozalim

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2008
  • Posts: 2601
  • Total likes: 7
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: Stocks
« Reply #2430 on: March 19, 2017, 06:18:28 PM »
+1 The savers credit on the Roth IRA is amazing. Basically you get a tax credit to put money into an account that will never pay taxes (assuming the laws aren't changed). The kicker is that if you have a low enough income for the full savers credit you probably aren't paying much in taxes anyway. Plus with a Roth you can withdraw principle whenever you want and earnings for qualified expenses like purchase of a home, education or healthcare.
the downside of this thinking is: savers credit is a nonrefundable credit, so if you're low enough to qualify (especially if you're getting other refundable credits; EITC etc.) your net tax bill is negative, this credit is irrelevant. (or am I calculating this wrong)?

Online ExGingi

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 1993
  • Total likes: 82
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: 770
Re: Stocks
« Reply #2431 on: April 03, 2017, 12:33:51 PM »
How far out?

Talking of puts, I recently saw some good value in writing TM puts.
Bet worked out well last time around. I think there's good value there again (even if one ends up being assigned, TM might be decent value at current prices).

Offline hachover

  • Dansdeals Gold Elite
  • ***
  • Join Date: Feb 2016
  • Posts: 214
  • Total likes: 22
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: Sector ZZ9 Plural Z Alpha
Re: Stocks
« Reply #2432 on: April 03, 2017, 12:42:19 PM »
Bet worked out well last time around. I think there's good value there again (even if one ends up being assigned, TM might be decent value at current prices).

Are you writing covered or uncovered puts?
I'm an optimist; but only because life isn't going to give me any other good choices.

Offline Boruch999

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2014
  • Posts: 1386
  • Total likes: 21
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #2433 on: April 03, 2017, 01:09:53 PM »
Are you writing covered or uncovered puts?
It's clear he is writing uncovered as he talks about being ok with being assigned as good value.
--my posts look weird without a signature

Offline hachover

  • Dansdeals Gold Elite
  • ***
  • Join Date: Feb 2016
  • Posts: 214
  • Total likes: 22
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: Sector ZZ9 Plural Z Alpha
Re: Stocks
« Reply #2434 on: April 03, 2017, 03:12:46 PM »
It's clear he is writing uncovered as he talks about being ok with being assigned as good value.

I agree that it sounds like he's talking about uncovered. I was hoping he could confirm that and possibly also comment on taking on such an open ended risk
I'm an optimist; but only because life isn't going to give me any other good choices.

Offline gozalim

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2008
  • Posts: 2601
  • Total likes: 7
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: Stocks
« Reply #2435 on: April 03, 2017, 03:15:07 PM »
I agree that it sounds like he's talking about uncovered. I was hoping he could confirm that and possibly also comment on taking on such an open ended risk
+10,000

Online ExGingi

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 1993
  • Total likes: 82
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: 770
Re: Stocks
« Reply #2436 on: April 03, 2017, 03:17:32 PM »
Are you writing covered or uncovered puts?
This is in an IRA, so it's covered (cash covered) puts.

Offline jungarmtl

  • Dansdeals Gold Elite
  • ***
  • Join Date: Nov 2014
  • Posts: 104
  • Total likes: 5
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: montreal
Re: Stocks
« Reply #2437 on: April 03, 2017, 03:26:05 PM »
MMEX  up 25 000% from March 7 Whoaa

Offline gozalim

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2008
  • Posts: 2601
  • Total likes: 7
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: Stocks
« Reply #2438 on: April 03, 2017, 03:28:54 PM »
MMEX  up 25 000% from March 7 Whoaa
really now?

Online ExGingi

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 1993
  • Total likes: 82
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: 770
Re: Stocks
« Reply #2439 on: April 03, 2017, 03:44:48 PM »
MMEX  up 25 000% from March 7 Whoaa
What's that all about?

Why should anyone care?

If you give me a Penny and I give you a dollar for it you made 10,000%. If I gave you 2 dollar for a penny, you made 20,000%. If anyone comes to do business with me thinking they will get rich based on that track record, they just proved themselves to be suckers. If you got excited over this, you might be one too. (I don't mean any personal offense, just making a point about this kind of move in penny stocks).

None of my comments above have anything to do with this company.

Now, if you want to do a little research on the company, why don't we start with:

http://quotes.wsj.com/MMEX/company-people/executive-profile/13223526
http://www1.salary.com/Jack-W-Hanks-Salary-Bonus-Stock-Options-for-MMEX-RESOURCES-CORP.html
https://www.corporationwiki.com/Texas/Dallas/jack-w-hanks/29808516.aspx

Offline jungarmtl

  • Dansdeals Gold Elite
  • ***
  • Join Date: Nov 2014
  • Posts: 104
  • Total likes: 5
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: montreal
Re: Stocks
« Reply #2440 on: April 03, 2017, 04:00:40 PM »
What's that all about?

Why should anyone care?

If you give me a Penny and I give you a dollar for it you made 10,000%. If I gave you 2 dollar for a penny, you made 20,000%. If anyone comes to do business with me thinking they will get rich based on that track record, they just proved themselves to be suckers. If you got excited over this, you might be one too. (I don't mean any personal offense, just making a point about this kind of move in penny stocks).

None of my comments above have anything to do with this company.

Now, if you want to do a little research on the company, why don't we start with:

http://quotes.wsj.com/MMEX/company-people/executive-profile/13223526
http://www1.salary.com/Jack-W-Hanks-Salary-Bonus-Stock-Options-for-MMEX-RESOURCES-CORP.html
https://www.corporationwiki.com/Texas/Dallas/jack-w-hanks/29808516.aspx

i don't understand your statement people are getting alerts on this company's and if you put in 2k when the news came out what would be your total today?

Online ExGingi

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2015
  • Posts: 1993
  • Total likes: 82
  • DansDeals.com Hat Tips 3
    • View Profile
  • Location: 770
Re: Stocks
« Reply #2441 on: April 03, 2017, 04:04:32 PM »
i don't understand your statement people are getting alerts on this company's and if you put in 2k when the news came out what would be your total today?
Do people put down 2k in Las Vegas? How many people put in 2k and cashed out 500k, or even 250k, or 100k?

Offline coralsnake

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: May 2008
  • Posts: 4312
  • Total likes: 68
  • DansDeals.com Hat Tips 8
    • View Profile
Re: Stocks
« Reply #2442 on: April 03, 2017, 04:04:40 PM »
MMEX  up 25 000% from March 7 Whoaa
Really sounds like a winner.  ::)

https://www.insiderfinancial.com/mmex-resources-corp-otcmktsmmex-stupid-is-as-stupid-does/120621/

Just like your last pick:
You can make more money by going to the casino
"Here at DansDeals we donít do buses." -Dan

Offline chaim0m

  • Dansdeals Silver Elite
  • **
  • Join Date: May 2016
  • Posts: 67
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Ithaca
Re: Stocks
« Reply #2443 on: April 03, 2017, 05:00:11 PM »
Anyone have a theory/explanation why WIX closed today +10%?

Offline Boruch999

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jun 2014
  • Posts: 1386
  • Total likes: 21
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #2444 on: April 03, 2017, 05:22:34 PM »
This is in an IRA, so it's covered (cash covered) puts.

That's called cash secured.  A covered put sell is when you sell puts for a stock you are short.
--my posts look weird without a signature