any thoughts on a square acquisition in the first quarter of 2019?#stock I just wrote down a loss of 33k for year end tax purposes in SQ after holding for quite a while.
I too wrote it off today Will report as loss, i was holding since oct 2018 What a shame, lost 2.7k
Sorry to hear
To answer your question, I don’t think it will be acquired They also opted out of the Libra thing that Facebook has To add to it, trading stock/crypto, partial trading etc is commodity, market doesn’t see it as differentiator ... it is not cutting edge anymore
🙄
End of the year and it’s 26k loss. Damn it! I’m glad I signed up for a new job with higher TC now.
We should’ve bought Shopify
Bought Shopify at 194 but sold it off at 340. But still have this stupid loss. What’s your next investment?
It's still expensive for someone to buy.. long term it will go up again but will base around for another year before the next move...they need to show profits now
I might buy again before earnings after the IRS wash sale period - especially if it touches the high/mid 50s again
I started trading options fairly recently. One of my first yolos was naked calls on SQ thinking it was gonna moon to $100 after q2 earnings. It did the opposite, lost my whole position and a solid chunk of my portfolio. But then I got hired by twitter and more than doubled my TC, so no hard feelings Jack. I consider my signing bonus him just paying me back for square tanking.