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Alias Born | 01/13/2015 |
Wednesday, March 06, 2024 10:43:55 PM
I understand your issue. The fact we are a very small group of investors (about 107 to be exact), we cannot move the market in "OTC LAND" simply because the market makers will eat our lunch with small sales while we try to bolster our positions. Jason has explained to us his reasons for not wanting to move up to the NYSE. Most of all is the danger option traders place on the stock. Besides, the big Gold producing companies (Barrick down about 10% in the last three months; Newmont down 15% in the last three months), are suffering along with us. Only in the past two days have they seen a turn to the upside in their stock price.
Maybe the way out of your tax issue is to use the "IRS 61 day Wash Rule. (Please look at IRS Publication 550 for guidance). It is usually done at the end of a calendar tax year but applies really anytime. It appears FTCO will be stuck in this trading range for another 90 days so the risk of selling should be low. It is only an idea and not advice. but offsets are really helpful sometime.
Recent FTCO News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 08:39:06 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/07/2024 08:05:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/27/2024 09:44:06 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/27/2024 09:06:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2023 08:37:04 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/31/2023 08:05:41 PM
- Volatile Economy Makes Gold Space 'Increasingly Attractive' • InvestorsHub NewsWire • 10/12/2023 12:45:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2023 08:37:55 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2023 08:05:41 PM
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