InvestorsHub Logo
Followers 40
Posts 13543
Boards Moderated 1
Alias Born 03/07/2012

Re: None

Saturday, 09/20/2014 12:13:04 PM

Saturday, September 20, 2014 12:13:04 PM

Post# of 60211
...Anyone can steer the ship when the sea is calm.................

...re: tax consequences...........uwbkq share price will reflect whatever distribution proceeds pass to shareholders......15% LT capital gain, or 20% for individuals with income over like $460K +/-...sell before the actual distribution and pay the tax bill....

...or the distribution could be a 'damage'.....unlikely but compensatory damages are not taxable per the IRS.......a stock pooling with FCNCA preferred.........imo, would only be tax deferred...................you can always sell pre-pooling.....or hold the new stock forever..............

...my advice would be to hold uwbkq to the very, very end.......regardless...................BOOM or BUST...........

...are we doing opinion disclaimers, larry.......??????.......if yes, then this one is jeff's........................





Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.