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Re: OrangeCowboy post# 5487

Thursday, 01/06/2005 5:42:48 PM

Thursday, January 06, 2005 5:42:48 PM

Post# of 326352
orangecowboy, that's a very interesting thought. Sell at .25 to get losses against potential gains when the stock goes flying up. So if you'v got a million shares that you bought at 15 bucks, and you sell em at a quarter a share, you take a huge loss. then when the stock goes to 2 dollars, you sell more shares, and can pay small capital gains taes on it. does it make more sense than just waiting and selling at a higher price and taking the losses? I'm not sure about the math. My point is simply that we here on this board are highly optimistic, looking for gains into the dollar ranges very soon; if fritz believed those gains are that close, would he sell a few millions shares, or wait until the stock hits that dollar? Even if he needed money now, wouldn't he wait a little bit if the stock were about to announce something huge?

But i like your theory, it might explain things.

best

Joe