Stock Market/Investing/Day Trading/Speculative Trading Thread

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Where’s my tag 😤

iu

(you can create your own "label" (aka "tag") under your account settings)
 
Well, my equities have recovered nicely, but now treasuries are tanking...

sCNkvU3.gif
 
I’m currently in training to get my series 7 and 63 so I can give you guys shit advice in no time
My first job after graduating college was working for Merrill Lynch as an Investment Advisor. We called ourselves Stock Brokers back then. But that was a long time ago. I still know just enough to be dangerous, mainly to myself. I did great picking stocks for my clients but absolutely terrible when I bought Stocks for only myself. Had a couple times I received what could be considered Insider Information. Both of those stocks tanked, luckily I was worried ethically so I didn't put anyone in them after I got the info.
 
Anyone here have a good feel on Toast (TOST)? I know the stock price is overvalued right now - but my wife got laid off there about a year ago and she accumulated about 500 shares, then they gave her an option for another 500 at a $7 locked in price until 2028. They did a 1 to 5 split about a month ago so we’re sitting on about 2500 shares with the option to buy another 2500 at $1.41/each. Should we be selling as quick as we can and re-distributing?
 
Anyone here have a good feel on Toast (TOST)? I know the stock price is overvalued right now - but my wife got laid off there about a year ago and she accumulated about 500 shares, then they gave her an option for another 500 at a $7 locked in price until 2028. They did a 1 to 5 split about a month ago so we’re sitting on about 2500 shares with the option to buy another 2500 at $1.41/each. Should we be selling as quick as we can and re-distributing?
That’s an absolutely disgusting ROI since it’s currently trading at $54. I see no reason not to immediately sell the stocks back once you acquire them.
 
That’s an absolutely disgusting ROI since it’s currently trading at $54. I see no reason not to immediately sell the stocks back once you acquire them.

That was my thought as well, sell - dump that money in our existing portfolio - let our tax guy deal with the ramifications at the end of the year.

Best severance package ever
 
That was my thought as well, sell - dump that money in our existing portfolio - let our tax guy deal with the ramifications at the end of the year.

Best severance package ever
Yeah the expected IPO was $40, so I think you’re right in thinking it’s overvalued. Bite the pillow though cause the tax man is gonna go in dry on those capital gains.
 
Great time to have a debt ceiling fight, amirite? No time like the present for Republicans to pretend like they suddenly give a shit about it again after four years of ignoring it!
 
Great time to have a debt ceiling fight, amirite? No time like the present for Republicans to pretend like they suddenly give a shit about it again after four years of ignoring it!
The dems pretend to care about it when the pubs are in charge and the pubs pretend to care about it when the dems are in charge. All the while nobody actually cares about it.
 
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