Biotech Values

[mcbio]

O/T - Long-term cap gains

I've actually never had this come up before where I am in a position to potentially sell a stock where I am close to hitting LT cap gains (usually I'm far away and just take short-term gains or I'm way past the long-term point). I have read some conflicting information on when you can actually sell and first claim long-term capital gains and just curious if anyone can confirm. Do you just look toward the day after you first bought on the following year? E.g., if you buy on 1/1/13, you can sell on 1/2/14 and claim long-term capital gains? Or do you have to go two days out? E.g., if you buy on 1/1/13, you must wait until 1/3/14 to sell and claim long-term capital gains. Or is it something different entirely?