I'm going to assume your friend is in between the 28-39.5% tax bracket... short term cap gains 20%...yup awesome, whopping $1500+ gain ... us longs here call that beer and pizza money... but you can never go wrong with taking profit, after all that's what we're here for. Good luck.
PS: if you're above 31%... you're probably not gonna be messing around with beer/pizza money...just saying...
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