I thought about getting up to 100k today.
I'm Almost there, But held back.
Probably the last chance to do so at this pps.
I would have to sell some other loser or winners to do so.
However, 3rd qtrs earning are coming out and I am (hopefully) expecting some decent results to push their pps up.
So, I am reluctant to sell them even knowing I probably would do better with FUSZ shares in the same time frame.
I have FUSZ in 4 accounts: one cash and three IRA
Since I am retired, I can't add any new money to the IRA's.
Can only move things around.
2/3 of my FUSZ is in the IRA...no taxes. :-)
The other 1/3 is in my Cash account... Taxable :-(
So when FUSZ capital gains (hopefully) matches my oil stock loses for the year
I will quickly sell them to cancel out the capital gains on FUSZ
Then buy them back and reset my average price higher.
Then let them ride for a year to get long term Capital gains...if I am still alive :-)
So lets get FUSZ over a buck FAST