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cjctrader

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cjctrader

Re: cjctrader post# 121472

Thursday, 06/09/2011 5:53:00 PM

Thursday, June 09, 2011 5:53:00 PM

Post# of 173021
Does anyone know what the IRS will use as a cost basis for the PTEL shares?

Also, what the date of purchase will be as per the IRS?

In other words, since the capital gains tax is reduced for shares that are owned over 12 months, does the calendar start ticking on June 6, June 20, Dec 6, Dec 20, or the initial date of the ENTI share purchase?

Each person should consider my postings as my opinions only and do your own due diligence before considering to invest in any stock. My postings are not intended to influence the reader's trading decisions in any way, nor do I recommend same.

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