Sold 4 times today and got rid of 27% of my total position. None of my core position was touched. I bought extra shares for flipping and these are the ones I sold for a 430% gain. 100% of my core and 20% of my flippers remain....all free-riding now. Stock can go to zero and I'm still left with great profits.
I know you know, the trick is getting some sold for profit.
Now I need to figure out how to offset these short-term gains. I only have $8400 carryover losses left from my 6-figure RTGV loss. I may have to tap into my 6-figure QLTS loss by filing a worthless security liquidation form. I've been lucky to be able to quickly bounce back from these huge losses.
Interesting fact....if I had put in the money I blew on RTGV into LF*P, I would have turned it into $5M. I would immediately spend it on a sorority mansion:
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