AFF Member Stock Discussion

[prozac]

Sold all my WDS mid-$25's into the rise in oil price a week ago then wondered if I'd made the right decision. Now the action is settling I'll be buying back in if it falls further.

 

[Disco]

Sold all my WDS mid-$25's into the rise in oil price a week ago then wondered if I'd made the right decision. Now the action is settling I'll be buying back in if it falls further.

Been dithering around this for a while; can't quite get myself into sell and buyback.

 

[Mr_Orange]

I remember someone on this forum saying they couldn’t keep going up at about $115. Funnily enough they haven’t reminded us of that prediction!

I think that same person said they would buy back in at under $100 which I thought would be a long wait!

 

[RooFlyer]

Commbank! $187.11 at the moment.

I thought I was being really clever and putting a sell order in for some at $183 recently, thinking that if the order was filled, it would have to be the top, surely.....

Just bonkers.

 

[SYD]

I thought I was being really clever and putting a sell order in for some at $183 recently, thinking that if the order was filled, it would have to be the top, surely.....

Just bonkers.

Unfortunately, no one rings a bell at the top nor the bottom…

Take the win and move on.

I don’t need to but I might sell a proportion of CBA - because I can. But the CGT will be massive (on $45 cost base), so ideally need to sell some dead wood to offset. But there’s still the issue of what to reinvest into?….

 

[RooFlyer]

I don’t need to but I might sell a proportion of CBA - because I can. But the CGT will be massive (on $45 cost base), so ideally need to sell some dead wood to offset. But there’s still the issue of what to reinvest into?….

Fortunately I'm retired, so no CGT on the .... ~$45 cost base I also have. . I'm spending the proceeds on cruises I have booked.

 

[TheRealTMA]

Fortunately I'm retired, so no CGT on the .... ~$45 cost base I also have. . I'm spending the proceeds on cruises I have booked.

You get 50% GCT reduction but but how are they CGT free? Bought before sep 85?

 

[RooFlyer]

You get 50% GCT reduction but but how are they CGT free? Bought before sep 85?

The shares are in my self managed superfund in pension phase.

 

[cove]

Yesterday we sold some CBA shares at just under $188. Yes there will be some tax to pay but we bagged a great profit.

 

[tgh]

My CBA cost base is $20.47 , sold 500 @ $160 , the current price is certainly interesting.
Was not me buying back in at $100 but my broker sold his entire holding @ $145 , advised all his clients to do likewise and buy back in when it fell back to the long term mean which was then around $100 iirc...
IF the current euphoria continues, so will CBA but we are ripe for a correction

 

[SYD]

My CBA cost base is $20.47 , sold 500 @ $160 , the current price is certainly interesting.
Was not me buying back in at $100 but my broker sold his entire holding @ $145 , advised all his clients to do likewise and buy back in when it fell back to the long term mean which was then around $100 iirc...

Just cracked $190….

IF the current euphoria continues, so will CBA but we are ripe for a correction

Probably, but will be over $200 sometime later.

 

[Quickstatus]

Probably, but will be over $200 sometime later.

Well, selling means someone is buying...