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Re: wallstreeter43 post# 18029

Friday, 05/11/2018 11:47:05 AM

Friday, May 11, 2018 11:47:05 AM

Post# of 18730
At least you won't need to worry about paying capital gains taxes. It is absurd to hold on to a stock for a year that you know is going down in order to save a few dollars on long term vs. short term capital gains taxes. Not only will you net less money, but you have lost the ability to make more money with your capital. You are going to regret not selling in the $3.60s. Will probably be below $2.50 by the time you hit your one year.