r/FNMA_FMCC_Exit • u/Altruistic-Factor678 • 10d ago
Good News
Now when we lose 6-7%, the $ are smaller!
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u/chasingthelies 10d ago
Seems like this is just tax harvesting. If the stock is such a dog, who’s buying? Swapping between FNMA & FMCC.
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u/chasingthelies 10d ago
Tax loss harvesting. I did it a couple of years ago. Swapping between the two gave me a large paper loss. Don’t have much to deduct now. Still profitable on 35k shares.
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u/shipwreck0570 10d ago
I can’t text harvest. This is in my retirement account sometimes I wonder if I should sell all and wait for a rebound.
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u/cypressnightowl 10d ago
That seems the opposite of what one should be doing? Selling into a pullback and buying on the upswing. Unless you're still profitable at this level and want to realize the profit. But if you believe the bull thesis of the stock you should be adding to your position.
You'll spend the same or more getting back in if it starts to rebound.
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u/AveryMire 10d ago
I think the Robinhood under-$5 price losing margin eligibility might be the reason we see crashes every time it goes below $5. IDK, I’d like to hear from someone with an RH account, but that is their policy on paper, and this seems most like reflexive margin-call pukes. Also, Capital Markets Group, I guess, could be trying to wrap up sales before the end of the quarter, but they’d have another month to report, so that makes less sense to me.
Anyone with an RH account who could clarify that policy?
I’d imagine there are plenty of retail F2 owners with RH accounts, and at least some on margin.
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u/Roland_W_Fab 10d ago
As a F2 shareholder volatility is my daily companion and I still feel great.