VirExit Technologies Inc (VXIT)

[bucks2pennies]

Cam,

Part of the reason I did not unload a bunch of PVDG shares at a much higher level is that: Short term capital gains immediately shrink your load of cash to a 70% level; then you have someplace to put the cash while you wait.

Neither of those outcomes when you cash in appeal to me. While you wait a month, as in this case, the broker is USING that cash to make money themselves..it only 'looks' like it is in your account.

I just can't let money set. I have to at least earn something while I am waiting. Had I purchased some more shares of stocks I already have, they too have been hammered since MMs took the short CYA through out Pinkyland.

Not all drops are equal. Should I have unloaded... I would not have the amount I had when I sold but rather less than half on account because I reinvested (and still liable for paying Uncle Sam 30% on top of that).

Had I left it in cash and waited, I could only wisely invest 70% of the cash and yes, in that case, I would have substantially more PVDG shares. However, would I have waited this long to do so...I doubt it. So I would actually have less 'new shares'.

The thought of doing the 'right' thing is just too risky for me. Thus, why I am a long term holder. Not as tough as I would like to be.