/smg/ - Slave Market General

Praise AMRN! I've already rode the wave of Profit thanks to the Takeover rumor and made a tidy sum. Paid off my credit card debt. Then when it tanked a bit I bought back in. Plan to hold this till such takeover becomes fact and make a nice bundle. Got some cash just sitting waiting for Slack to ipo (when that'll be who the fuck knows due to the shutdown mess)

Where do you guys get your market news from?

praise be homie hope you have NVAX aswell it pretty cheap now

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Gee, I wonder what's about to happen.

investor.galectintherapeutics.com/news-releases/news-release-details/galectin-therapeutics-largest-institutional-shareholder-converts
conferencecalltranscripts.org/4/summary2/?id=5678292
conferencecalltranscripts.org/summary/?id=5678313
conferencecalltranscripts.org/summary/?id=5678312
conferencecalltranscripts.org/summary/?id=5678306
conferencecalltranscripts.org/summary/?id=5678305
conferencecalltranscripts.org/summary/?id=5678319

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Our Hero

its always the first thing in the SMG daily thread come on man but you can use yahoo and finviz.com/news.ashx

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Bloomberg. They pay their reporters by the impact they make on the financial markets.

the problem with that is that every time you're pulling your money out of the market expecting a crash, you incur not only trading fees but potential capital gains taxes. these should be minimized at all costs, especially taxable events. obviously when you go back into the market, there are trading fees again. plus, people are irrational and emotional, it's hard to stay disciplined and true to a strategy especially when shtf. there's research on the impact of those taxable events too, the main problem is that by not deferring taxes then they aren't contributing to the compounding.

i investment amoubnt
r rate of return
n periods (years)
t tax rate

deferring all capital gains taxes until the end, after tax value is = i * (1 + r)^n * (1 - t) + (i * t)

vs

paying capital gains annually by selling in and out of positions, after tax value is = i * (1 + r * (1-t))^n

gonna load up on FNGD on monday

NVAX is gonna be great later in the year, very positive results from phase 2 nanoflu trials.