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sharklove Member Profile
 
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sharklove   Friday, 05/04/12 08:34:13 PM
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My last post got truncated:

What I mean is - it seems that the flipper is accumulating hefty of short terms cap gains tax. With a large sale - if he is buying the same stock at a lower price, he has to hope the stock goes up again and not plummet or else he is now in the hole for the capital gains tax of that large sale. Is this right? Am I missing something? It just seems like a stressful way to invest.

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