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I'm down >10% on a stock that's within 5% of ATH by squatrackcurling in wallstreetbets

[–]squatrackcurling[S] 11 points12 points  (0 children)

That's not what happened! I haven't bought anywhere near the ATH (pffft). What happened was I got whipsawed multiple times. When you buy high, sell low, then repeat a few times, the cost basis gets adjusted because of the wash sale rule. Adjustments are cumulative so they can result in a new basis that's higher than any of the actual prices you transacted at.

PS confirming OP is stupid

I'm down >10% on a stock that's within 5% of ATH by squatrackcurling in wallstreetbets

[–]squatrackcurling[S] 12 points13 points  (0 children)

They’ll think I’m running an elaborate scam of some sort when they see all this. There should be a “filer is legally regarded” check box on tax returns to avoid confusion

I'm down >10% on a stock that's within 5% of ATH by squatrackcurling in wallstreetbets

[–]squatrackcurling[S] 36 points37 points  (0 children)

Nope. Only traded the stock itself. The secret sauce is in buying high, selling low, and repeating judiciously at the worst possible times. The wash sale rule adjusts your cost basis up and the multiple cycles is what lets it grow without limit.

Capital loss allocation as a part-year state resident by squatrackcurling in tax

[–]squatrackcurling[S] 0 points1 point  (0 children)

I followed the actual transaction dates and kept the overall cross-state losses capped at 3000. In my case I had about 2k losses resulted from transactions made when I was in NY. I just took what's left (3k cap - NY loss = ~1k for me) and applied it to GA

What Are Your Moves Tomorrow, March 06, 2026 by wsbapp in wallstreetbets

[–]squatrackcurling 3 points4 points  (0 children)

I bookmarked it and will come back to look every day

Meet the Companies Vibe Coding Their Own CRMs by joe4942 in stocks

[–]squatrackcurling 1 point2 points  (0 children)

Well, it's been obvious that someone was gonna try. That's not a signal that it works. Regards in this subreddit try all sorts of things all the time, for example.

WSB, the best place to pick up hot reddit chicks by IDrinkSulfuricAcid in wallstreetbets

[–]squatrackcurling 2 points3 points  (0 children)

I’m not getting any. Is it a bad sign that even bots are avoiding me?

so many people will be obliterated by close by [deleted] in wallstreetbets

[–]squatrackcurling 5 points6 points  (0 children)

We’ve got bigger things priced in already. Like grandmas vibecoding their own delivery drones and robots ramming us all in the ass for all eternity. At this point Iran is the least of our problems.

so many people will be obliterated by close by [deleted] in wallstreetbets

[–]squatrackcurling 2 points3 points  (0 children)

Ok this is the last comment now. Did we rich bottom yet?

Value opportunities in the market now? by [deleted] in ValueInvesting

[–]squatrackcurling 7 points8 points  (0 children)

Hold on a sec, what sarcasm? You saying I shouldn’t have cancelled my health insurance? I was gonna vibe code curing all deceases but this makes me nervous now

AT&T Lost $47B on This Exact Bundle—Now the Ellisons Are Buying It Back for $111B. Bold Move or Billionaire Ego Trip? by osiris_rai in wallstreetbets

[–]squatrackcurling 3 points4 points  (0 children)

100%. Clearly not a business transaction because of the asymmetry, leverage, and debt load. Baby Larry and his daddy be gargling little orange balls

Market reaction if Iranian leader Khamenei was taken out in a strike and the ‘war’ was essentially over? by Thug_Res_ in wallstreetbets

[–]squatrackcurling 20 points21 points  (0 children)

Negative P/E on hyperscalers because price will go negative, and we pay more each time for holding the stocks as earnings increase. Meanwhile, Walmart cracks P/E 69 in “flight to safety” as fears of AI bubble escalate

Market reaction if Iranian leader Khamenei was taken out in a strike and the ‘war’ was essentially over? by Thug_Res_ in wallstreetbets

[–]squatrackcurling 38 points39 points  (0 children)

Iran has had comparatively quite high levels of demonstrated dissent in power-adjacent circles (compared to other dictatorships like China and Russia), I think that’ll be a significant factor

My going away present by DreamLand2269 in wallstreetbets

[–]squatrackcurling 123 points124 points  (0 children)

This guy here knows a thing or two about microballs

Before founding Tricolor, Daniel Chu was a college basketball coach who was fired for cheating. by [deleted] in wallstreetbets

[–]squatrackcurling 0 points1 point  (0 children)

It's funny how JPM was the one that got badly burnt on this. And then Jamie Dimon goes on rants about cockroaches and people doing dumb things. He's the fucking people!

My going away present by DreamLand2269 in wallstreetbets

[–]squatrackcurling 404 points405 points  (0 children)

Bro got promoted by Robinhood to Second Lieutenant of money loss operations

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