Halted again, I picked up a couple $20P for $4.00 cause I like to gamble.
Amazing. I noticed it after it was too late to trade.oldarmy1 said:
Did anyone use the Model T on KODK? Check it out
3258.44, BEST PIN EVAAAAAAAAAAAMcInnis 03 said:
During that spook fest I bought a SPX fly 3250/3260/3270c and since I had a 3265/3270/3275 put fly in already I figured I'm good up to 3275, let's not get crazy here SPX.
Goodness....not sure you get the $121 area Model T on that beatPrognightmare said:
QRVO just destroyed earnings estimates.
FIFY. The fed will not allow stocks to go down. There is no point being short.Prognightmare said:
SPX should bust through 3300 tomorrow. I don't see this train stopping ever
Fed is backstop for the market but we will have a correction. Mutual fund managers and hedge funds will lock in these gains and crush retail investors "that have it all figured out", but when? SPX 2750 is a pipe dream though.$30,000 Millionaire said:FIFY. The fed will not allow stocks to go down. There is no point being short.Prognightmare said:
SPX should bust through 3300 tomorrow. I don't see this train stopping ever
Thanks....just need to figure out how to add that on turbotax and still annoying because the security still has "value".gotsand said:From Zacks: Your capital loss typically equals the stock's adjusted basis minus its sale price. The adjusted basis normally equals the price you paid for the stock plus any other amounts you had to pay to purchase the stock, such as broker's fees. If you cannot sell your stock because it is worthless, the IRS allows you assign a sale price of zero and use this figure to calculate your capital loss. If you sold your stock for pennies, on the other hand, you should use the actual sale price to calculate your loss. To the IRS worthless stock is that which is actually worth $0, not close to $0.Aggie09Derek said:Aggie09Derek said:
Anyone know a way to write off losses on stocks where the stock is no longer tradeable?
I have a couple positions where the stock is almost at 0 and it won't allow trades (through TDA).
Can I just simply add losses to my investment net end of year even though I still own shares that are worthless? I guess one way would be to transfer the shares out of my account to someone elses who buys them for nothing.
*Subject to potential IRS limits
ETA: Prepare documentation that proves the stock is worthless and establishes the approximate date on which it became worthless. You don't have to submit this documentation with your tax return, but you will need it if the IRS audits you.
Everything is exploding higher AH.Fightin_Aggie said:
QCOM rocketing after hours on beat and settlement with Huawei
I bought everything back premarketSpeedyAg90 said:
OA did you just get some more SNSS !!! Take it on up !! Lol
Just remember this is the normal way it works!Agzonfire said:
My first options play from earlier this week... QCOM 7/31 95C 1.22
Please hold up overnight!
oldarmy1 said:
Did anyone use the Model T on KODK? Check it out
KorbinDallas said:oldarmy1 said:
Did anyone use the Model T on KODK? Check it out
Can anyone explain what this means? Asking for a friend.