funbis t1_j2fqtwn wrote on December 31, 2022 at 11:08 PM

Reply to 🎉🥳 Happy New Year! 🎊 Here are a list of all new stocks of 2022 Comparing their IPO price and return. (Bears got the fresh meat) by Slut_Spoiler

IPO is only good for a quick flip.

funbis t1_j2et4t8 wrote on December 31, 2022 at 7:03 PM

Reply to Did I miss the window for a 2023 backdoor Roth contribution (without triggering the pro-rata rule)? by echo-engee

This depending on how much you have in the pretax Trad-IRA account. The pro-rata rule is a bit confusing and I do not know how IRS would officially dealing with it. So from what I read off web it tax based on percentage of the Roth rollover against the Pretax Trad-IRA balance

Longer term do makes sure you do not have any Pretax Trad-IRA.

funbis t1_j2ej57o wrote on December 31, 2022 at 5:55 PM

Reply to Is there any bullish argument left for NVDA going into 2023? by Schwimmbo

I am pretty bearish for NVDA in a short term. Under the current rate environment, their main revenue stream from data center will unlikely to produce strong growth. Other growth areas will take time to pan out. The stock price already down 50% from the peak but the PE ratio remaining very high. Longer term NVDA has good growth potential because it is well positioned in AI growth areas.

funbis t1_j2d13f7 wrote on December 31, 2022 at 9:36 AM

Reply to Will I get into trouble for shorting my own company? by [deleted]

Why risk it? Just sell the RSU and use the $$ to short tesla.

Some companies have specific trading policy against shorting company stock. Other wise I do not see reason for getting into legal trouble outside of the blackout period. However if your big boss found out, boss may just find some other reason to get you fired.