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Friday, December 30, 2011 11:08:25 AM
Well the IRS defines Long Term as greater than 1 year. In the case of HNSS, it has been in a decline for much longer than that.
FYI: IRS has no relation -- exactly NO RELATION -- to stock investing and the private sector. The IRS is interested in TAXES not PROFITS. There is no correlation at all between what the IRS defines as "Long Term" investor and how publicly held companies define "Long Term" investor thru the realities of business growth and market fluctuations.
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