$PEAK - tax loss selling - $PEAK - InvestorVillage


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Msg  62153 of 62356  at  12/2/2022 6:42:46 PM  by

makemoneyinoilandgas

The following message was updated on 12/2/2022 6:43:49 PM.

 In response to msg 62152 by  The Red
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Re: tax loss selling

 
Are you aware that there are other sectors, not just energy?
 
And no, I am not talking about Technology, or (God forbids) Cryptos.
 
There are a lot of bank preferred stocks with par value of $25 that are currently selling below $20, and some are even around $17. Most of them were at $25, or even slightly above - before the Fed started hiking interest rates.
 
I started buying them for the first time about two weeks ago. What I learned so far was that there is a really good chance of stink bid order getting filled. I near panicked this morning, but fortunately I can't trade pre-market, so I watched them going slightly down at the open, but much less than I was expecting. By close of trading, all except one were up.
 
Hey, a buck is a buck! 
 


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Msg # Subject Author Recs Date Posted
62155 Re: tax loss selling Wiggling 0 12/2/2022 9:33:45 PM




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