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Post by kc on Nov 29, 2017 22:48:47 GMT -5
I wonder what is causing the jump this morning. It almost made me want to buy a little more but I'm wondering if its just a quick hype before it goes back down Yesterday I sold all of my shares with a cost basis greater than $25 to capture the tax loss, that’s the reason the stock price is up today.  I will be more than happy if we can get to $10 by year end as predicted, because now my average cost is below $4. 31 days from now, I might be in the position to buy more. I would have held onto those shares if I didn’t have capital gains to offset. I did that last year on shares and that 31 Days called the wash period were the hardest to be naked on shares. |
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Post by mnholdem on Nov 30, 2017 8:45:59 GMT -5
I received a notice from my brokerage encouraging account holders to oppose the provision in the new federal tax code (currently working its way through Congress) that will change stock transactions to FIFO (First In, First Out). This means that the profit on a stock sale must be calculated, for tax purposes, using the oldest stock purchased against the most recently sold stock. Since stocks purchased years ago will typically have the lowest price, FIFO would result in higher capital gains taxes. Of course, you don't have to worry about capital gains this year with your MNKD stock. |
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Post by cjm18 on Nov 30, 2017 9:17:05 GMT -5
I received a notice from my brokerage encouraging account holders to oppose the provision in the new federal tax code (currently working its way through Congress) that will change stock transactions to FIFO (First In, First Out). This means that the profit on a stock sale must be calculated, for tax purposes, using the oldest stock purchased against the most recently sold stock. Since stocks purchased years ago will typically have the lowest price, FIFO would result in higher capital gains taxes. Of course, you don't have to worry about capital gains this year with your MNKD stock. For those that averaged down in their stocks you are least impacted. 😄 |
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Post by sportsrancho on Nov 30, 2017 10:03:25 GMT -5
This tax bill doesn’t pass I won’t have an account. Look out below!
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Post by Clement on Nov 30, 2017 10:04:07 GMT -5
Look at daily candles for two weeks ending Oct 2. Compare with past two weeks. See Bollinger band constriction for same periods. I can only hope.
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Post by peppy on Nov 30, 2017 10:42:42 GMT -5
triangle measured move IF takes price to the 50 day moving average. line them up.
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Post by alethea on Nov 30, 2017 11:00:07 GMT -5
This tax bill doesn’t pass I won’t have an account. Look out below! Please explain. You're not saying you will no longer have a stock account(s) if the tax cut legislation does not pass.... are you? |
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Post by dreamboatcruise on Nov 30, 2017 13:03:28 GMT -5
I received a notice from my brokerage encouraging account holders to oppose the provision in the new federal tax code (currently working its way through Congress) that will change stock transactions to FIFO (First In, First Out). This means that the profit on a stock sale must be calculated, for tax purposes, using the oldest stock purchased against the most recently sold stock. Since stocks purchased years ago will typically have the lowest price, FIFO would result in higher capital gains taxes. Of course, you don't have to worry about capital gains this year with your MNKD stock. How do they propose handling the situation if someone has multiple brokerage accounts? Yikes, that could get messy for record keeping. |
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Post by mytakeonit on Nov 30, 2017 13:49:33 GMT -5
Your brokerage account should be able to sort by date purchased ... or your broker could give you that information. I have multiple accounts and just create spread sheets.
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Post by boca1girl on Nov 30, 2017 14:13:11 GMT -5
I think the comments regarding FIFO are referring to situation where you have taxable accounts with multiple brokers with the same stock at different holding periods and cost basis. I assume the FIFO rule will only apply to shares you sell within a brokerage firm.
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Post by sportsrancho on Nov 30, 2017 14:50:25 GMT -5
This tax bill doesn’t pass I won’t have an account. Look out below! Please explain. You're not saying you will no longer have a stock account(s) if the tax cut legislation does not pass.... are you? I’m saying I won’t have any money left in it if the bill doesn’t get passed and we have a huge market correction. Right now I’m tracking to be able to put a lot more $ into MNKD sometime next year:-) |
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Post by alethea on Nov 30, 2017 15:20:24 GMT -5
Please explain. You're not saying you will no longer have a stock account(s) if the tax cut legislation does not pass.... are you? I’m saying I won’t have any money left in it if the bill doesn’t get passed and we have a huge market correction. Right now I’m tracking to be able to put a lot more $ into MNKD sometime next year:-) Aahhhh..... I see. Thanks for that and thanks for your tireless work on behalf of MNKD. Gal Gadot got nuttin on you! |
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Post by peppy on Dec 1, 2017 18:29:08 GMT -5
MNKD weekly chart.
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Post by sportsrancho on Dec 2, 2017 8:13:27 GMT -5
Please explain. You're not saying you will no longer have a stock account(s) if the tax cut legislation does not pass.... are you? I’m saying I won’t have any money left in it if the bill doesn’t get passed and we have a huge market correction. Right now I’m tracking to be able to put a lot more $ into MNKD sometime next year:-) Sigh of relief! |
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Post by minnlearner on Dec 2, 2017 15:45:06 GMT -5
Hey someone on this board is taking way more 'meds' than Afrezza . Just say 'NO'!
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