Roth IRA Opportunity: In todays's Seattle Times Business section, Robert Powell of Marketwatch gives new rules for Roth IRAs that may be especially favorable for us CPRK stockholders, if the stock then explodes. I had converted my IRA to a Roth IRA in 2009 when CPRK was 3 times the PPS. Powell indicates there is a window of time that I could potentially convert it back to a new traditional IRA, then right back to a new ROTH IRA and end up paying about 1/3 the tax, in my case. Risky if CPRK goes way up during the transfers.
Also if you still have a regular IRA & want to convert to a Roth before CPRK explodes, you may want to consider the possibility.
I have a call in to my accountant to confirm this tomorrow.
I am not any sort of financial advisor, so do your own DD.
