Friday, December 21, 2018 3:04:30 PM
I am selling 3M with a .0121 average ($36,300)
I will recover 3M with a .0038 average (11,400)
- for a realized loss of $24900
My taxes owed on $24900 in profit would be 11700.
So for me to lose on this decision, not only would the PPS of LDSR need to hit .0121 by the end of January, but it would actually have to hit .016 considering my tax savings. It's just math. it's not personal. Why are you taking it so personal. If it does hit .016 before i buy back, then it was a bad bet. If not, I made a good decision.
I was just explaining 3M in sells to the board. Quit taking it so personal.
All posts are opinion only.
If you wish success for others, then I wish for success to also find you.
Integrity is how you conduct yourself when you are anonymous.
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