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Started By
Message
SNDL on the move
Posted on 2/3/21 at 9:19 am
Posted on 2/3/21 at 9:19 am
Was in at .71 should I think about selling ?
At 1.29 now
At 1.29 now
3
Posted on 2/3/21 at 9:20 am to LSUCooper
Having fallen since you posted this, I'm curious what you did.
However, I see this as a long term play. More states are opening up cannabis regulation and there's even talk in the Senate about "legalization". These of course are all small steps, but they are in the right direction.
However, I see this as a long term play. More states are opening up cannabis regulation and there's even talk in the Senate about "legalization". These of course are all small steps, but they are in the right direction.
Posted on 2/3/21 at 9:21 am to LSUCooper
This is where the fun lies, trying to sell at the peak. I’m in a similar position to you, and I think it will continue up. I’m holding for now, but you do you.
Posted on 2/3/21 at 9:42 am to LSUCooper
hopefully goes +1.50 today. I'm looking to sell at the 1.70 - 1.90 range. Should be intresting
Posted on 2/3/21 at 9:44 am to damnlambert
School me here. I bought in at $1.20. I see it sold around $13 when originally issued. With weed likely becoming more widespread legally accepted is there any reason why it won't see gains much higher than 1.70-1.90?
Posted on 2/3/21 at 9:55 am to 44tiger
you buy SNDL below $1.00, hopefully in the 0.6's or 0.7's then sell above $1.00; rinse/repeat
Posted on 2/3/21 at 9:57 am to 44tiger
yeah probably long term. i'm in it for short term. i'm also in at $1.10
Posted on 2/3/21 at 9:59 am to cgrand
So pump and dump and no long term hold?
Why wouldn’t this stock reach $3.00-$5.00 a share in the next year?
Why wouldn’t this stock reach $3.00-$5.00 a share in the next year?
Posted on 2/3/21 at 10:01 am to Paul Allen
quote:
Why wouldn’t this stock reach $3.00-$5.00 a share in the next year?
if it does, great.
trade in/out in the meantime...you won't miss anything
Posted on 2/3/21 at 10:06 am to cgrand
so you think it will bounce here for a while?
Posted on 2/3/21 at 10:07 am to CarRamrod
it always does, until it doesn't i guess
Posted on 2/3/21 at 10:09 am to cgrand
Ok, so let me see if I understand. If you buy at 70 cents and it’s up to $1.30. Sell and reinvest the earnings made in another or stock or buy SNDL again when it’s at .60 or .70?
What about tax ramifications for selling it less than one year of buying it?
What about tax ramifications for selling it less than one year of buying it?
This post was edited on 2/3/21 at 10:11 am
Posted on 2/3/21 at 10:10 am to Paul Allen
corect
Posted on 2/3/21 at 10:10 am to cgrand
Got it. Thanks 
Posted on 2/3/21 at 10:12 am to Paul Allen
quote:
What about tax ramifications for selling it less than one year of buying it
You're still making money even if you pay taxes assuming this strategy works
Posted on 2/3/21 at 10:21 am to 44tiger
i only sell on a +50% move (which are relatively frequent on this thing). anything less than that i just hold. short term capital gains tax for me is close to 30%
Posted on 2/3/21 at 10:25 am to cgrand
like right here (1.30)...if you are up 40-50% start selling some off and lock in your profit
Posted on 2/3/21 at 10:30 am to cgrand
I sold out at $1.29. Will look to buy the dips from now on
Posted on 2/3/21 at 10:41 am to 44tiger
Got in TSNP at .37 might dump both today
Posted on 2/3/21 at 11:07 am to LSUCooper
TNSP going to $1 buddy
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