InvestorsHub Logo
Followers 25
Posts 1201
Boards Moderated 0
Alias Born 05/12/2014

Re: Sone post# 45

Friday, 10/23/2015 9:28:11 AM

Friday, October 23, 2015 9:28:11 AM

Post# of 259
Actually worse for those owned for the three months ended if they have to pay income tax (gains) in net of those 3 months from schedule K... but most likely it'll be a loss since no distribution (in other words if their was a net gain there should've been a distribution, but maybe it was too small).

Now any current owner loses because the drop in share price will be more than 28 pct that even if it paid that much next qtr couldn't make up for it... lol

I thought this was expected... so its probably hedge funds trying to force panic selling.

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.