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Re: Hot_Toddy post# 7552

Friday, 09/11/2009 2:11:15 PM

Friday, September 11, 2009 2:11:15 PM

Post# of 27806
Dont worry, You'll get it diducted when you file your taxes next year.

May seem like a ways off, but it'll be here before you know it.

your total tax refund will be relativly higher, due to your losses in this and probably other stocks.

I'm expecting quite a bundle on my tax refund and will be flipping that on much better and less riskier stocks than these damn pinks.

Lesson learned here too.

My trading practices have greatly increased as the result of it.

But I'll still trade these pinks though.

Only I'll never, ever use my own money. I'll only use the profits from stocks traded on the Big Boards.

I've always lost money in these pinks since the very first day I played any of them!,, they're all much too damn risky to dream with.

I'd rather go LONG and accumulate gradual increase on Big Board stocks than on these damn unregulated pinks with extreme risks of losing everything as I’ve done here in this stock as well as in others.

Best advice is to do your own Due Diligence.

Don’t even listen to the PR’s these damn pinks put out.

This stock is a clear case and point of that.

(Never marry a pink stock and always use money you can afford to lose.)

But thanks to my ever growing knowledge of the TAX LAWS, I now exploit these damn pinks for all the crap they're worth.

>B^{

When I bet in these pinks I’m also exploiting their volatilities to either make vast amounts of cash from peanut money, which then pays off or lowers the capital gains tax I’ll owe next year on the large profits I gained from all the stocks I’ve traded so far.

In other words, if I’ll owe the IRS $3000 next year, and I spend $100 for a million shares in a pinky and the pink go to $1, I’ll have a million dollars. I don’t care if the IRS took half, I turned $100 into ½ a millions dollars in this case and tax free.

If I lose the $100, then I’ll write it off and pay the IRS $2900.
The IRS will get paid no matter what, but I chanced that the money already due them, would not only be paid to them, but me too!

-Wink-Wink!

This is why I play these pinks,, at least Now anyways…

But of course, I’d rather the pinks takes off rather than TANK.

>6^}

I don’t deliberately look for Tank-scheduled pinks.
I do seek out the ones that may likely do well, but, they seem to have problems keeping their words and the reason why I now take all their PR’s with a grain of salt..

(or dirt) –Wink-Wink!

Maintaining TRUTHS requires 'little to no effort' than Maintaining LIES.