GL Brands Inc. (fka GRLB)

[blissedout]

Yes, in that scenario you got some free shares but didn't double your entire position for free. Plus you had to risk future stock appreciation waiting for it to fall.

For future trades consider an IRA or Roth IRA for part of your holdings. Do your trading in those accounts without worry of tax implications until you make a withdrawal. Hold the core position in a cash account to at least benefit from long term capital gains. Unless you have a rockin' IRA/Roth, then do it all in there :)

Bummer to pay taxes, but better than writing off losses. Flipping stocks quickly at a profit is tough business. Too tough for me.