r/wallstreetbets • u/mori226 Paid $1.25m to change his flair • Feb 13 '25

Gain 10x... $123k -> $1.2M on HIMS

Alright lady and gent degens. I present to you my first ever 10x on a single trade. I'm pretty proud of this bad boy.

Hope you all rode this rocket up with me. This was hell of a fucking trade.

Bought 11/06/2024, sold today, 2/13/2025.

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u/El1teM1ndset Feb 13 '25

absolute beast of a trade. the self-control to not cash out early? legendary. diamond hands paid off big time. $123k to $1.2M is the kind of move that turns you into a myth. enjoy that well-earned victory lap.

586

u/mori226 Paid $1.25m to change his flair Feb 13 '25

10x is rare... 10x on this size is even rarer.

Thanks man... this was a wild ride.

62

u/ThelastMess Feb 13 '25

Umm wtf* what do you think? Let it calm down and buy again??

88

u/mori226 Paid $1.25m to change his flair Feb 13 '25

No idea, when to buy. I personally just bought shares. But I plan to hold for a while.

69

u/Iggyhopper Feb 13 '25

I did some napkin math if I scored a milly.

Selling it now is the best possible time because you can leave the gains invested for a year. (Versus selling in say, December, where taxes are due pretty damn soon.)

If you leave all of it for a year in a regular ETF, you only pay 20 to 22% of capital gains versus the whole 30%. This is counting the money you would make in a regular market for the whole year. 

Plus, the taxes you would pay on the now invested money leaving it for a whole year is only regular taxes, and not capital gains. 

The other option is to take out 30% and hold it or put it in a HYSA.

44

u/UGetnMadIGetnRich Feb 13 '25

You are too smart for here