Talking stocks, trading, and investing in general

[GreenFrog]

TWTR... tsk tsk tsk

 

[jbarwick]

GMCR is booming on the KO news of an investment. There must be "synergies" in this somehow. . .

Also who is speaking up about their TWTR holdings? I know there was talk about buying at different levels but can't remember if someone pulled the trigger or not.

 

[idfnl]

Getting shredded with TWTR. It was priced for perfection, so I got what I paid for.

 

[lawyerdad]



Getting shredded with TWTR. It was priced for perfection, so I got what I paid for.

I'm guessing you'll get a little of that back.

 

[seeldoger47]

Jeremy Grantham's latest thoughts. Also depending on today's price action, I might add to my equity position.

 

[idfnl]



I'm guessing you'll get a little of that back.

Not so sure. After earnings, I played with the app just to see what I got into, it has usability problems, the platform is very simple but somehow rather confusing to use. I think it could test its IPO opening price.

 

[otc]

Lol... you were all up on Twitter without actually using it?

It's not like it is some industrial supplier where you can't experience their business first hand.

 

[SkinnyGoomba]

its up 4% today, time to GTFO in my opinion.

Markets loosing steam quickly today...

 

[SkinnyGoomba]

sweet, seems to have changed its mood.

 

[lawyerdad]



Not so sure. After earnings, I played with the app just to see what I got into, it has usability problems, the platform is very simple but somehow rather confusing to use. I think it could test its IPO opening price.

Not close to what you're down, of course, but at least you got a bit back today.

The real question is whether it's steady on from here or if today is more of a dead cat bounce coupled with a good day for the market. (Dead cat bounce is an exaggeration, obviously -- but you get the idea.)

 

[SkinnyGoomba]

My sour attitude seems to be effecting the market positively. Maybe I can patronize it into continuing upward.

 

[idfnl]



Not close to what you're down, of course, but at least you got a bit back today.

The real question is whether it's steady on from here or if today is more of a dead cat bounce coupled with a good day for the market. (Dead cat bounce is an exaggeration, obviously -- but you get the idea.)

I really don't know. They are profitable. They beat pretty comprehensively. These problems seem solvable, but do I want to wait this out? Probably not.

Today's rise was helpful, I am about 4% off break even. Perhaps I should have moved the shares but the market in general seems to have bounced from its short term bottom. It dropped 22%. 8% has climbed back. I can see another 4% recovered. I will hold out until Monday.

Lucky I didn't go in big here. I thought about it, and went into PCYC instead.

 

[Cantabrigian]



Jeremy Grantham's latest thoughts. Also depending on today's price action, I might add to my equity position.

I've often tried but have never ever made it all the way through one of those.

 

[Connemara]

Is there an easy way to figure out cost basis? I sold some gifted stock last year and the cost basis shows up as N/A on my 1099-B. Should I ask my broker?

 

[lawyerdad]



Is there an easy way to figure out cost basis? I sold some gifted stock last year and the cost basis shows up as N/A on my 1099-B. Should I ask my broker?

Unfortunately, your broker may not be able to help. As a general rule, you inherit the gifter's cost basis. Not to be morbid, but was the stock gifted to you by a family member who is still alive?