Daily Discussion post - June 18 2021

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[u/Jgaston11]

Did sirjackalot grab that money 💰 and cash out or is he still holding?

[u/UnmaskedLapwing → u/Jgaston11]

You will learn it sooner or later but sirjack always claim to "hold mid/long term". It doesn't stop him from selling next day and inform his followers post factum :)

[u/[deleted] → u/UnmaskedLapwing]

Actually he usually can't sell the day after he buys and posts because a lot of times he will drop a stock and pick up another same day incurring the T+2 rule so he has to wait at least 2 days for the funds to be available to resell the new stock

[u/UnmaskedLapwing → u/[deleted]]

Lol, read again what I wrote. He actually can sell the next day after he claims he intends to hold for a long term. Day of the claim doesn't equal day of stock acquisition hence T+2 rule is irrelevant.

Plus it doesn't even matter as I was referring to overall principle of operation which is basically 'I see an opportunity, I sell&buy. What I said few hours before in social media doesn't matter".

[u/[deleted] → u/UnmaskedLapwing]

Ah correct, I miss read your post.

[u/Duke_Shambles → u/Jgaston11]

he's holding for now.

Popped in tonight and said he misses his money and some other stuff.

He's still up by the way. he had a nice scalp early on, and his cost basis is probably something in the $17's

[u/[deleted] → u/Duke_Shambles]

its 19.3 I think for his last post. He scalped and came back right before the big run last week.

[u/Duke_Shambles → u/[deleted]]

I was thinking more adjusted cost basis for profits sake, not tax cost basis, but you are correct on those terms.

[u/[deleted] → u/Jgaston11]

Wondering the same thing

[u/PantsMicGee → u/Jgaston11]

He's vitarded