The US didn't threaten to delist Chinese Stocks as retaliation for COVID, they are simply requiring Chinese companies to provide the same financial information that every other public company listed on any of the major US exchanges has to provide to the regulators, This is long overdue and it's for the protection of investors. Or do you want more fraudulent companies like Luckin Coffee bilking investors?
Not sure if you all read this, the US has made threats to delist Chinese stocks from US exchanges as retaliation for the covid-19 crisis. That will be too bad because so many make income flipping these stocks, especially in times like we are in now.
Do you agree with the policy ? Or do you think that the US should allow China to look at the medical records of US army athletics who competed in the NATO games in Wuhan, China in October 2019 ? One the french athletic claims she caught covid-19 during the NATO games.
The US didn't threaten to delist Chinese Stocks as retaliation for COVID, they are simply requiring Chinese companies to provide the same financial information that every other public company listed on any of the major US exchanges has to provide to the regulators, This is long overdue and it's for the protection of investors. Or do you want more fraudulent companies like Luckin Coffee bilking investors?
If the companies don't want to provide the info, let them trade on the pink sheets where they belong, and where I'm sure you belong as well.
So I can continue to trade in legit companies like nio, bidu, etc.
Thousands of pennies.
One trade I made 1.3 million pennies in capital gains. Thank goodness it was in my IRA. Otherwise I would have been slammed in capital gains tax. It was a subpenny stock, lol.
I made so much more than that just in March and April. And May is looking good, too.
Not a single penny stock either.
Chicken Little, I hope you know that a least a couple of people here do understand how this shit actually works. First off in an actual "trade" you don't get the more favorable "capital gains" tax treatment, technically a short term "capital gain" is taxed as such, but for all practical purposes it's taxed as ordinary income. In your case I assume you are married, so if you add this $13,000 to all your other income for the year, it brings you up to $13,001 in earnings for the year, I hardly think you were going to get "slammed" in taxes. Even if you were a normal person with a normal income your tax liability would have only been $2-3,000 most likely, which is what most even semi-active mongers spend in a couple of weeks on pussy.
BTW I've made more, a lot more on a single hand of blackjack, but I am sure that $13,000 kept you in $60 hookers and $5 lapdances for months. We are SO proud of you.
You didn't short "Cluckin" Coffee by chance, did you? Oops the real name of the company was Luckin Coffee, but somehow Chicken Little investing in "Cluckin" Coffee has a better ring to it.
According the the survey only 4% spend more 2K a month or more on the hobby, 5% 1k to 2k a month. 65% spend up to 500 a month on the hobby. See link below.
I have had to lower my exemptions so I would not end up writing a check during tax time.
The prices that you quote hardly exist, unless you talking about street walkers or providers in the combat zones where bullets are flying around everyday. Not for me.
Why berate someone when you stated in the past that you won't pay more than $200/hr for a provider.
The one trade that I did I saw my investment of 36K go down to 7k, where the shares went to .0001. I was lucky that it did not get delisted. As soon as it came back up, sold like crazy. It took a year to make a profit. That was trade from a few years ago. I learned some important lessons on risk/reward. I could have lost 36k of principle.
Especially your fellow mongers in DC who all make fun of your "hundredaire" status. Which reminds me, why do you even bother having an alias? It's not like anyone who has been here more than 45 minutes doesn't know who you are and anyone who has ever been on the DC board knows what a joke you are there under both your real and your fake fake names.
And once again you prove how ill-informed you are about, changing the number of exemptions you claim for withholding is a piss poor way to manage your estimated tax liability, especially if you are this super stock trader you claim to be.
would this work? Trumpty dumpty will sign an executive order, demanding the NYSE take immediate action?
I think it has to come from the SEC. There was a lot of fear mongering going on with the legit companies, driving the prices down.
This is hardly a "retaliation" for COVID as I said earlier, and it's not exactly something brand new. Here is an article from over a year ago about it.
lest you forget, you do NOT "need to talk to" ANY of us, on ANY topic. You can always delete your TER account.
It's called a "distinction without a difference." He's the biggest hypocrite on the planet.
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