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Re: cptjsd post# 23527

Monday, 06/15/2015 9:18:57 PM

Monday, June 15, 2015 9:18:57 PM

Post# of 140478
Question regarding capital gains

I am a newbie and this may be a stupid question...

Say I have a friend who has been buying Titan for last two years. He's accumulated over 10k shares

He buys 1k shares tomorrow at 1.35. A month from now shares jump to 2.35 he sells a 1k shares.

At the sell, is this considered a longterm or shorterm capital gain??