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Bullboard - Stock Discussion Forum TAAT Global Alternatives Inc C.TAAT

Alternate Symbol(s):  TOBAF

TAAT Global Alternatives Inc. is a vertically integrated consumer product and distribution company. The Company develops, manufactures, and distributes alternative product categories, such as tobacco and reduced-risk alternatives, hemp, kratom, and other emerging consumer packaged goods (CPG) segments. The Company operates through two segments: the sale of non-tobacco and tobacco products. The... see more

CSE:TAAT - Post Discussion

TAAT Global Alternatives Inc > Confession time.
View:
Post by Torcan81 on Mar 05, 2021 6:56pm

Confession time.

I sold off 80% of my Taat holdings when we were above 5.5. I actually thought I made a mistake in the beginning thinking the next leg up was over 7. But man I can't believe how it played it. Not bragging or anything but I couldn't of asked for a better scenario to get back in full force. Let's keep it real. Taaters
Comment by Happytaater202 on Mar 05, 2021 7:21pm
Nothing ever wrong in taking money off the table!!!...I did the same an got back in before it hit 6$ a little while ago but i bought back in much lower an doubled my share count!!!
Comment by Happytaater202 on Mar 05, 2021 7:23pm
I personally feel that we're gonna get more opportunities like this in the near future.
Comment by Torcan81 on Mar 05, 2021 7:26pm
Yeah I agree when you see your investment flying with profits it's hard not to take some off the table. Taat was a company that I went really heavy in a few months ago. Will definitely practice the same mojo going forward as well. Make money on money.
Comment by Happytaater202 on Mar 05, 2021 7:37pm
yes and if your tapped out for cash and or you simply wanna increase your shares cause you don't have the $$$ great way to do it!!!
Comment by synectix on Mar 05, 2021 8:11pm
Only one problem trading in and out.....you're triggering either capital gain or in the case of too many in and out trades...revenue canada will interpret your trading patterns as an income stream and you'll be taxed accordingly...and if you trade in and out too much in a TFSA...they'll also start saying you are using the TFSA as an income stream...and you will risk losing your tax ...more  
Comment by Torcan81 on Mar 05, 2021 8:14pm
Comment by Torcan81 on Mar 05, 2021 8:20pm
I do a lot of trading in my RRSP trading account and cash as well.... I definitely tread lighter in the TFSA for sure. But I'm ready for the tax man incase he wants to talk to the pitbull. TC81
Comment by synectix on Mar 05, 2021 8:29pm
Lol ...just remember that REV CAN is quite capable of chewing up and spitting out Pitbulls...best to stay off the radar...GL bud....Read the following...cheers... There is a lot that is open to interpretation....not your interpretation....theirs...wishing you well https://www.theglobeandmail.com/investing/personal-finance/taxes/article-social-media-driven-trading-frenzy-has-tax-implications/
Comment by Torcan81 on Mar 05, 2021 8:44pm
Yeah I hear ya man... I do most trades in the RRSP account. I'll pay the taxes when I withdraw the Buckaroos. Thanks for looking out for your fellow Taater...
Comment by Brucster64 on Mar 05, 2021 8:55pm
WOW master pumper sells 80% and brags after the fact Nice Genius
Comment by Torcan81 on Mar 05, 2021 9:05pm
I don't pump TAAT at all. I believe in the product and where it might go in the future. Other then that anyone investing in TAAT should do their own DD...I like the product but the market is shaky and investors have to make their own judgement on the investment they've made while gauging the market in general.
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