Thursday, September 17, 2015 11:02:35 PM
You should not be in WDDD if you are using non-disposable funds and need it for another stock. You simply can't afford it. Why buy at .12 and then sell at .06? Really?
As I said in an earlier post, this can go to .05 or .16 instantly with little news. Who knows, it might go to .03 in the next month. This is the perfect stock to buy at this price. if it goes to .05 or .03 whatever... you buy with your disposable funds and wait 2 years and you have a lottery ticket that you have a 50/50 chance of getting a 20xer (assuming you buy at .05). Why try to buy a lottery ticket now (on another stock) when the odds are much less? Really? Are you that good of a day-trader you can 20x your money in 2 years (remember you're paying capital gains on your profits)? 85% of daytraders lose money.
If you hold this stock for a year, you won't need to pay the capital gains tax. You're talking you'll save approx 13% on taxes. So, if you "leave the castle"... not even going to address that statement.
-God
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