djmiller
:
Depends on what you want, keep in mind holding long term, over 1 year makes the tax rate on gains 15% instead of short term which is taxed at income. For me if taxed at income it is like 35 or 40%. And I strongly believe that palantir has significant upside potential. I’m continuing to dca in monthly and currently hold 1100 shares so I’m biased. That being said, I am so bullish on palantir at the moment that I am not even selling covered calls currently despite the potential of around 700 to 1000$ of potential premium income monthly from the shares. If they get called away, the gains get taxed as income. I believe I will make more money with 15% tax and price appreciation with the companies current growth rates.
Meowcherry : sell at 25
slank : sell and take profit
SLHIT : 25.4 max today
SHMH : sell
101525969 : sell
Stocks Star : Sold already. Waiting for the next entry point
73762982 OP Stocks Star : What will be your next entry point
Ch3r : sell off and use the cash to buy nvidia
djmiller : Depends on what you want, keep in mind holding long term, over 1 year makes the tax rate on gains 15% instead of short term which is taxed at income. For me if taxed at income it is like 35 or 40%. And I strongly believe that palantir has significant upside potential. I’m continuing to dca in monthly and currently hold 1100 shares so I’m biased. That being said, I am so bullish on palantir at the moment that I am not even selling covered calls currently despite the potential of around 700 to 1000$ of potential premium income monthly from the shares. If they get called away, the gains get taxed as income. I believe I will make more money with 15% tax and price appreciation with the companies current growth rates.