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greenfairways

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greenfairways

Re: kaeamrjs post# 3947

Tuesday, 10/21/2008 9:44:29 AM

Tuesday, October 21, 2008 9:44:29 AM

Post# of 8738

Hey kaeamrjs,

I don't know what kind of accounting rules you live by, but as far as I know you would have a paper gain if anyone actually shorted this stock or any stock that's dropped after sold. You would actually have to buy back to enjoy actual capital gains and then yes, you will owe taxes once bought back. I would find out what the proper accounting rules and obligations are before you invest in what sounds like unfamilar territory to yourself.

greenfairways.
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