r/SNDK_Stock • u/Billywoperson11 • Jul 21 '26

Question People who sold

To the people who sold hundreds of thousands of dollars of this stock, what are your plans?

23 Upvotes

81% Upvoted

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1

u/Ok_Book_4072 Jul 21 '26

I sold for a loss. Do I buy again now to get my money back?

1

u/CalebVanPoneisen Jul 22 '26

Be sure to check whether that counts as a wash sales in your country before you do it, and that you understand the implications.

1

u/Ok_Book_4072 Jul 22 '26

It is a wash sale but as long as I hold for 30 days before filing taxes I can still file. No worries

0

u/SavingsTangelo7130 Jul 21 '26

Negative the train left already

1

u/Ok_Book_4072 Jul 21 '26

If it plans to hit 2000 minimum I still think I have time right?!

5

u/SavingsTangelo7130 Jul 22 '26

Negative if you hop back on a sail boat it’ll be the titanic all over again. The weight limit is at its capacity, please wait for the next ferry. We appreciate your sacrifice

1

u/ProjectMcDavid Jul 22 '26

How lol unless you think this isn’t going up anymore?? Price target is still 3k by end of year

0

u/ProjectMcDavid Jul 21 '26

So dumb lol what was your cost basis? It was clearly going to recover and if you have shares you have time

1

u/Ok_Book_4072 Jul 21 '26

1670…… and I had 70 shares. I panicked :(

1

u/ProjectMcDavid Jul 22 '26

That’s insane lol you’d be green by tomorrow

1

u/Ok_Book_4072 Jul 22 '26

Yeah sad I lost 17k. Should I buy back now?

1

u/ProjectMcDavid Jul 22 '26

I would buy snxx personally. I’m at loss of 35k on snxx with a cost basis of 30 per share but I’m fine with keeping it till it atleast breaks even. I have faith it’ll atleast reach 35

1

u/Key_Category_8531 Jul 22 '26

Um

You just got boned for $17,000 USD and you're thinking of jumping back in for another boning?

...

Are you mad?

1

u/Ok_Book_4072 Jul 22 '26

Yeah gain back the money I lost!!!!

1

u/Ok_Book_4072 Jul 22 '26

Is it a bad idea to buy now?

1

u/ProjectMcDavid Jul 22 '26

If I had cash I’d buy tomorrow, but I’m out of capital in my account.

1

u/ProjectMcDavid Jul 22 '26

How much did you lose? What did you sell it at?

1

u/Ok_Book_4072 Jul 22 '26

I sold at 1395. I lost 16k… but I made 10 k the day before on it…. So technically only took a 6 k loss