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Stock Advice Thread

I've got some cash waiting on the sidelines. Looked hard at FHN, SNV, WBA and XOM. Waiting to pull the trigger on a few.
Be careful with WBA. The federal govt right now has bi-partisan support for sticking it to pharma and its retailers. PBM's will theoretically benefit more since they function to reduce costs. However CVS has not benefited at all so far.
 
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What would you do if you had a good number of shares of TDOC and LVGO?

Tdoc is buying Lvgo and giving ~.6 shares of TDOC and $11.33 for each share of LVGO. I was lucky and got the +400% uptick in LVGO this year.

It's a good problem to have and I doubt I'll do anything before it happens. Doing nothing seems to work well for me.

Thoughts?
 
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What would you do if you had a good number of shares of TDOC and LVGO?

Tdoc is buying Lvgo and giving ~.6 shares of TDOC and $11.33 for each share of LVGO. I was lucky and got the +400% uptick in LVGO this year.

It's a good problem to have and I doubt I'll do anything before it happens. Doing nothing seems to work well for me.

Thoughts?
Suspect you’re doing the right thing, just keep monitoring both stocks. I have LVGO, a guy at Motley Fool said it doesn’t make much difference which you hold as they tend to move in lock step with each other price wise.
 
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What would you do if you had a good number of shares of TDOC and LVGO?

Tdoc is buying Lvgo and giving ~.6 shares of TDOC and $11.33 for each share of LVGO. I was lucky and got the +400% uptick in LVGO this year.

It's a good problem to have and I doubt I'll do anything before it happens. Doing nothing seems to work well for me.

Thoughts?
Pretty decent problem.

Do nothing until you know something about the integration of the 2 companies.
 
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I sold off, still hold 10 shares I more than have a 2 bagger on, believe I will accumulate both of those stocks on big tech selloffs we will see in 2020, no rush on them.
You seem to move a little more than me.

I very rarely sell my winners. At the end of the year, I'm usually in the negative on realized G/L. Buy high, sell low on those misses.
 
Did you guys discuss RKT yet?

I will be picking some up sometime soon. Down 4% on the day for now.

May wait for some earnings or if it gets nearer the IPO price.



I bought in at market open during the IPO. Sold it for over a 30% profit about 24-36 hrs later. It dipped back down below $20......and I should've bought back in because it sprung back up to $26-28. However, I took the profits and bought more Tesla......trying to capitalize on the split and coming battery day.......so, I've gained quite well in any case.

I'll revisit RKT if they fall <$20 again. However, there are some things that are worth mentioning. Even though RKT is a mortgage company, they make very little sales off original mortgages. It's estimated that ~70% of their revenue is off mortgage refinances. Soooo, right now (and probably for the rest of the year), RKT is going to do very well because everyone and their uncle is refinancing with the crazy low rates. However, if the economy comes back and interest rates go up then they will not bring in as much revenue. So, if I buy back in it will be to capitalize on the economy and low rates........
 
I purchased PBCT earlier this morning. It's considered a top-65 Dividend Aristocrat by MarketWatch. This issue is a long-term hold for me, and I may add more on dips.

Still shopping for other "bargains".

I jumped in first thing this morning with PBCT after seeing your post. I'm thinking long term as well. I also added to my ABBV and my WFC today.
 
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I jumped in first thing this morning with PBCT after seeing your post. I'm thinking long term as well. I also added to my ABBV and my WFC today.
I've been ABBV long since last year via DRiP. It's a bit too pricey for me right now, so I've slowed DRiP purchases. PBCT seems like value all the way. Great geographic footprint. Nice dividend. With PBCT, think more like a steady bond-like investment. That stock saw a low of 9.37 during the carnage this past March. Be patient and buy more on dips.
 
Sold the rest of ACB today. Licking my wounds some. Makes me so thankful for the winners. Glad to be ahead nicely in total. So far so good.


yeah, I still hold CGC. I’m up so much in it that it’s basically house money at this point. I’ve been feeding MJ on occasion. MJ willbe my main play until the picture gets clearer.
 
Dumb question.. up until now, I've never sold any stock, just purchased. I know the sale is subject to ST gains tax and then LT gains tax after a year.. but I've read that happens when you "cash out".. does that apply when you sell, and it goes back to the money market account? I guess, can you sell a stock and put it right back into something else.. or is that still a regular "sale"?
 
Dumb question.. up until now, I've never sold any stock, just purchased. I know the sale is subject to ST gains tax and then LT gains tax after a year.. but I've read that happens when you "cash out".. does that apply when you sell, and it goes back to the money market account? I guess, can you sell a stock and put it right back into something else.. or is that still a regular "sale"?
Regular sale at the point the transaction occurs, cashing out or putting the money into money market account not a factor.
 
Dumb question.. up until now, I've never sold any stock, just purchased. I know the sale is subject to ST gains tax and then LT gains tax after a year.. but I've read that happens when you "cash out".. does that apply when you sell, and it goes back to the money market account? I guess, can you sell a stock and put it right back into something else.. or is that still a regular "sale"?
You can try to sell some of your losers that you don't like anymore which will offset your gains. If you have made a ton you won't be able to do that.

I sell my losers if I think buying something else will rise faster than that poor performer. Don't let sunk cost keep you from moving it around a bit.
 
yeah, I still hold CGC. I’m up so much in it that it’s basically house money at this point. I’ve been feeding MJ on occasion. MJ willbe my main play until the picture gets clearer.
I want to get into others but the only success I've had is IIPR which is more of a derivative pot name. The good news is there's still plenty of time for this to play out.
 
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DPHC & WKHS are going to go up. DPHC will become RIDE upon merger (Lordstown) and WKHS has a 10% stake in that deal in addition to a shot at the big USPS contract in the future.
 
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Added more FICO today.

Started a LULU position with their acquisition of mirror and stay at home athleisure wear.

Finally pulled the trigger on FSLY (makes internet faster). Hope I haven't missed out on the upswing.(+700% for 1 year)

Sold crappy UAA for big loss.
Sold some WELL to free up money and lessen tax implications.

Anyone know if the switch from UAA to LULU will trigger the wash sale rule? Whatcha think?
 
Added more FICO today.

Started a LULU position with their acquisition of mirror and stay at home athleisure wear.

Finally pulled the trigger on FSLY (makes internet faster). Hope I haven't missed out on the upswing.(+700% for 1 year)

Sold crappy UAA for big loss.
Sold some WELL to free up money and lessen tax implications.

Anyone know if the switch from UAA to LULU will trigger the wash sale rule? Whatcha think?
Doubtful I'd say.
 
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You can try to sell some of your losers that you don't like anymore which will offset your gains. If you have made a ton you won't be able to do that.

I sell my losers if I think buying something else will rise faster than that poor performer. Don't let sunk cost keep you from moving it around a bit.

Yeah, I think that's what I'd like to do, not sell stock and take the money, but sell stock and move to something else. I've just never actually "sold" before, so I wasn't sure if it just lands back in my Vanguard Money Market account, and if it's still taxed either LT or ST. Not exactly sure what to expect.
 
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