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Re: Norton1973 post# 1347

Thursday, 01/21/2021 1:32:51 PM

Thursday, January 21, 2021 1:32:51 PM

Post# of 1580
I would have sold my warrants but I had a very good size short term capital gain that I wanted to avoid paying taxes on. By converting them to shares I avoided the short term capital gains tax. When I called TDA last week they had not heard confirmation from the company yet on how the deal would work. When I called them this week I called, they answered right away, and I told them I wanted to do the conversion from warrants into the stock. Took about 10 min. They told me it would take about a week for it to show up as a stock rather than the warrant in my account.

If someone tries to convince you to buy a stock they usually have a personal agenda to do so. Not because they are concerned about you making money but about convincing you to buy so they can make money. Same is true for those yelling sell.