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Re: emdyal post# 18055

Friday, 06/22/2018 7:02:44 PM

Friday, June 22, 2018 7:02:44 PM

Post# of 70331
WOW.

There is absolutely nothing wrong with profit taking. We are all playing the same game, make money. Simple.

We all have different strategies, sometimes we get it right and sometimes we get it wrong, but by no means are necessarily obliged to playing long or short.

I played it exactly the same as Ax, but I am in Aphria, I played a bit more conservative than Ax... I got out a 9.80 and back in at 9.60 but managed to add quite a bit more value in the transaction.

The risk is in the stock doesn't drop after you get out! And you have to pay short term capital gains vs long term capital gains in taxation which can be higher.

One must decide if the short gains over the year are more than the difference in taxation... again, sometimes you get it wrong and sometimes you get it right.

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