Niocorp Developments Ltd (NB): Advice on temporary liquidation I hav...

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Niocorp Developments Ltd (NB)

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Thursday, 07/28/2016 1:14:59 PM

Thursday, July 28, 2016 1:14:59 PM

Advice on temporary liquidation

I have a significant number of NIO shares in a brokerage account as part of my 401k. I was just informed today that I will have to liquidate all of my NIO stock in order to transfer everything into an IRA to begin taking monthly disbursements. I have been one of the longs, holding shares since 2011, and guarding them closely against any recommendations to sell.

Do any of you have any suggestions as to when to sell these shares, and hopefully buy them back about a week later with the least amount of loss?

I am so pissed at the old firm that I no longer work for, and is requiring me to go through these actions to begin my monthly disbursements, but there are no waivers for situations such as mine.

Any vision coming from you guys would be very helpful, and appreciated.

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