# Stock transactions Taxed
**URL:** https://forum.mustachianpost.com/t/stock-transactions-taxed/5548
**Category:** Investing / Brokers
**Created:** [February 5, 2021, 8:55am UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548 "2021-02-05T08:55:10Z")
**Posts on this page:** 20
**Page:** 4
### Author:  [@FIREstarter](https://forum.mustachianpost.com/u/FIREstarter)
#### Post date: [May 16, 2022, 1:53pm UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/61 "2022-05-16T13:53:50Z")
> [@San\_Francisco](#):
>
> a 609,999 USD investment in “Clearly California”
Only 509,999 USD, to be more precise 🥸
> [@San\_Francisco](#):
>
> Heck, even Bojack’s furniture and equipment is probably worth more than theirs.
YMMD 😂
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### Author:  [@Bojack](https://forum.mustachianpost.com/u/Bojack)
#### Post date: [May 16, 2022, 2:27pm UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/62 "2022-05-16T14:27:10Z")
> [@San\_Francisco](#):
>
> Heck, even Bojack’s furniture and equipment is probably worth more than theirs.
My furniture is not worth $7000, it’s either from Ikea, or collected for free. Sorry to ruin your comparison, I guess in that case this GRCU company is legit.
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### Author:  [@MrCheese](https://forum.mustachianpost.com/u/MrCheese)
#### Post date: [May 16, 2022, 5:59pm UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/63 "2022-05-16T17:59:32Z")
> [@Beeapanda](#):
>
> ELBM are Nasdaq
Not since long tho, also their CFO left right around listing, doesn’t that raise any red flags?
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### Author:  [@Beeapanda](https://forum.mustachianpost.com/u/Beeapanda)
#### Post date: [May 16, 2022, 6:34pm UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/64 "2022-05-16T18:34:42Z")
It does raise Red flags for those who dont know about company and history. CFO and CEO didn’t see eye to eye about direction. CFO wanted his millions now (by selling Iron Creek, which I agree with), CFO has longer term vision with price stock increase.
I was asked to share some picks, everyone should do their own DD, no one should buy unless they are comfortable doing so and definitely not because a stranger like myself posted some stock picks on a forum.
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### Author:  [@anon21880037](https://forum.mustachianpost.com/u/anon21880037)
#### Post date: [May 18, 2022, 8:03pm UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/65 "2022-05-18T20:03:16Z")
Thank you @Beeapanda for sharing.
The EV producers are interesting, I picked 2 sometime ago!
Also the proterra and aemetis look interesting. low carbon fuel / biofuel will become big for aviation. Producers have already made planes lighters and flight companies increased flight efficiencies, next steps are increase further flight efficiencies (different routes or more descending so using less fuel but it’s impractical on a large scale) or using fuel that has a lower eco footprint. I see lot of them moving there. Good stuff! Will investigate more
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### Author:  [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)
#### Post date: [May 18, 2022, 10:24pm UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/66 "2022-05-18T22:24:29Z")
> [@anon21880037](#):
>
> low carbon fuel / biofuel will become big for aviation
While that may hold true, it isn’t necessarily a great investment.
Looking at Aemetis, they’ve virtually never been profitable over the last 15 years - or ever (they registered a tiny profit only once or twice, while otherwise having much bigger losses every year over that period).
You either successfully predict a sea change in how aviation fuels are produced/sourced (and, more importantly, the timing with which that is going to occur) and how/why it will lead to a business breakthrough for _this_ company in particular. Then you’d likely have a multi-bagger at hand.
Otherwise, it remains mostly a play on investor sentiment and “hype” for biofuels.
Biofuels have been an old, common and recurring trope for penny stock P&Ds. Not saying that this particular company is one (they seem to have been in business for too long). But considering that the company isn’t profitable, seems to lack a clear path to profitability and will be competing with many _conventional_ fuel producers, it surely is the latter (a gamble on sentiment) for me. This can lose as easily 80% or 90% of its stock price - thereby returning to its pre-2020 stock prices - as it can triple. The business isn’t fundamentally much better than 2019, is it?
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### Author:  [@Beeapanda](https://forum.mustachianpost.com/u/Beeapanda)
#### Post date: [May 19, 2022, 5:23am UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/67 "2022-05-19T05:23:35Z")
Here are some reasons why this might change (long term hold for sure):
- [US airlines pledge 33% more ‘sustainable fuel’ by 2030 | News | Flight Global](https://www.flightglobal.com/strategy/us-airlines-pledge-33-more-sustainable-fuel-by-2030/145405.article)
- [Biofuel-hungry airlines push for federal incentives, raising fears of soy oil squeeze | 2021-06-08 | Agri-Pulse Communications, Inc.](https://www.agri-pulse.com/articles/16007-biofuel-hungry-airlines-push-for-federal-incentives-raising-fears-of-soy-oil-squeeze)
- [https://biofuels-news.com/news/aemetis-secures-1-billion-saf-deal-with-delta/](https://biofuels-news.com/news/aemetis-secures-1-billion-saf-deal-with-delta/)
- [https://biofuels-news.com/news/aemetis-signs-deal-with-finnair-to-supply-saf/](https://biofuels-news.com/news/aemetis-signs-deal-with-finnair-to-supply-saf/)
- [https://www.aemetis.com/aemetis-signs-agreement-with-qantas-to-supply-35-million-gallons-of-sustainable-aviation-fuel/](https://www.aemetis.com/aemetis-signs-agreement-with-qantas-to-supply-35-million-gallons-of-sustainable-aviation-fuel/)
- [https://www.aemetis.com/aemetis-signs-agreement-with-american-airlines-to-supply-sustainable-aviation-fuel/](https://www.aemetis.com/aemetis-signs-agreement-with-american-airlines-to-supply-sustainable-aviation-fuel/)
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### Author:  [@anon21880037](https://forum.mustachianpost.com/u/anon21880037)
#### Post date: [May 20, 2022, 5:53pm UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/68 "2022-05-20T17:53:57Z")
# Centennial (CDEV) Signs Merger Agreement With Colgate Energy
Didn’t expect this! One analyst downgraded the stock to sell, others no response yet.
Curious to know your thinking
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### Author:  [@Fliss](https://forum.mustachianpost.com/u/Fliss)
#### Post date: [May 23, 2022, 1:54pm UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/69 "2022-05-23T13:54:17Z")
> [@anon21880037](#):
>
> Centennial (CDEV) Signs Merger Agreement With Colgate Energy
Hmmmm, is it really the best time to acquire/merge with current oil prices? OTOH, with regards to current stock valuation it might be good timing.
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### Author:  [@Beeapanda](https://forum.mustachianpost.com/u/Beeapanda)
#### Post date: [May 23, 2022, 2:14pm UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/70 "2022-05-23T14:14:47Z")
For those still invested in CDEV, here are some notes below. The team and I are still very much bullish in CDEV, we actually see an increase in potential value, at least $15 but maybe more. Action last week is typical of these types of mergers in this sector (see Devon Energy and WPX Energy last year), sell the news.
**Merger notes** :
**1)Operational**:
🔘Wells payout \< 6 month
🔘Will save 6 days per well on Colgate’s existing Spud time
🔘Plan is 140 wells annual
🔘CDEV to lower operating costs leveraging Colgate’s efficiencies
🔘Colgate produces 62,000 bpd
🔘Colgate is ~50% oil/gas prod
**2)Debt**:
🔘$500 million in total credit line balance
🔘Still no bond maturities until 2026
🔘1.0x leverage ratio is long term status quo
**3)Returns**:
🔘+10% FCF growth over next 2.5 years
🔘quarterly dividend is among highest in industry
🔘$350 million share repurchase program has room for growth
🔘Variable dividend plan under works.
👉CDEV is no longer a speculative pure play Permian company, it’s got big things going for it now as it looks to become the largest Pure Play Permian O&G
🔘Quarterly dividends
🔘Two years of Buybacks
🔘Looking at additional variable dividends
🔘 $1,000,000,000+ in FCF next year and that’s not discretionary CFs either, so that’s strong econometrics
🔘FCF expected to grow by 10% annually in the next 2.5 years.
So it will get much more interest now from more institutional/pensions
**Other considerations** :
👉CDEV will become harder to day trade. So we’ll see less daily flippers going forward
👉 No issues paying some private folks in Colgate $500+ million. This deal was NOT dilutive to CDEV shareholders, the NPV of DFCF far exceeds what we’re paying 💰
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### Author:  [@anon21880037](https://forum.mustachianpost.com/u/anon21880037)
#### Post date: [May 23, 2022, 6:47pm UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/71 "2022-05-23T18:47:48Z")
Thank you! I was also reading that Colgate went this way to avoid a formal IPO given the tough market environment.
Through merging with CDEV is a like a SPAC. So probably Colgate paid a little premium for CDEV so this is why it’s not diluting.
Good stuff
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### Author:  [@dbu](https://forum.mustachianpost.com/u/dbu)
#### Post date: [November 5, 2022, 6:32am UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/72 "2022-11-05T06:32:11Z")
How did this develop - with the merger and going “private”?
Could you stay invested or they had to buy you out?
[http://ir.cdevinc.com/news-releases/news-release-details/centennial-resource-development-and-colgate-energy-combine](http://ir.cdevinc.com/news-releases/news-release-details/centennial-resource-development-and-colgate-energy-combine)
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### Author:  [@Beeapanda](https://forum.mustachianpost.com/u/Beeapanda)
#### Post date: [November 7, 2022, 1:44am UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/73 "2022-11-07T01:44:48Z")
I’ve still got my 165k shares of CDEV now under ticker PR. Waiting for $18+ in 2023
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### Author:  [@monkk](https://forum.mustachianpost.com/u/monkk)
#### Post date: [November 7, 2022, 8:15am UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/74 "2022-11-07T08:15:10Z")
Thumbs up for managing withstand the volatility 👍
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### Author:  [@MrCheese](https://forum.mustachianpost.com/u/MrCheese)
#### Post date: [February 13, 2023, 9:15am UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/75 "2023-02-13T09:15:40Z")
ELBM, GRNBF and SXOOF didn’t go so well, did they?
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### Author:  [@Beeapanda](https://forum.mustachianpost.com/u/Beeapanda)
#### Post date: [February 13, 2023, 9:37am UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/76 "2023-02-13T09:37:10Z")
Touché, OTC sucks since early 2022 🙂
I got out of GRNBF, still holding 500K SXOOF and 15K ELBM, long term hold they will do great, mark my words. Still holding 165K Permian Resources (CDEV before merger). Dividend alone this year will cover initial investment 🔥, I’ll sell around $18-20 next year or sooner if we get there this year. Can’t win them all, but long term, SXOOF and ELBM will do great, if you following sector and these companies you would know. Let’s revisit next year.
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### Author:  [@MrCheese](https://forum.mustachianpost.com/u/MrCheese)
#### Post date: [February 13, 2023, 9:50am UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/77 "2023-02-13T09:50:44Z")
I mean everyone reads left and right that Lithium mining etc. Doesn’t cover EV demand but I’m still a bit surprised by the 75% drops…
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### Author:  [@Beeapanda](https://forum.mustachianpost.com/u/Beeapanda)
#### Post date: [February 13, 2023, 10:47am UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/78 "2023-02-13T10:47:23Z")
I’m downs about 35-40% after averaging down. Mining industry for smaller players like SXOOF and ELMB is difficult, financing especially, they have to prove beyond doubt before they start flying or are bought out by majors. ELMB should get to $10 within next 1-2 years. SXOOF should get to $2 before being bought or RS+uplisting to Nasdaq. Here’s nice article on Battery Metal Supply & Recycling needs, both of these companies are well positioned! [The Inevitable Battery Metal Supply Squeeze Could Be Closer Than We Thought | OilPrice.com](https://oilprice.com/Energy/Energy-General/The-Inevitable-Battery-Metal-Supply-Squeeze-Could-Be-Closer-Than-We-Thought.html)
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### Author:  [@anon21880037](https://forum.mustachianpost.com/u/anon21880037)
#### Post date: [May 13, 2023, 4:41pm UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/79 "2023-05-13T16:41:18Z")
Still believing in ELBM?
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### Author:  [@Beeapanda](https://forum.mustachianpost.com/u/Beeapanda)
#### Post date: [August 21, 2023, 7:48am UTC](https://forum.mustachianpost.com/t/stock-transactions-taxed/5548/80 "2023-08-21T07:48:31Z")
Long term yes, I averaged down.
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