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Saturday, August 18, 2012 7:06:07 PM
I understand what you are saying, and I don't disagree with you at all. The reason I'm not going to sell a single share before January 10, 2013 (and might not even sell any then), is because I'd have to pay 30% on capital gains; this is also the reason flipping the stock during intraday trading appears unwise to me: if you sell high and buy low you may have more shares, but you also have "realized" taxable gain. The payoff isn't worth it.
Also, for those of us who are long-term investors we don't really care what the PPS does in one month, or even one week, let alone in one day. We're looking years down the road, not days or weeks. The small fluctuations simply don't matter much to a long-term investor. I think the difference between you and others on this board is one of perspective: your perspective is fundamentally different than mine is: I don't care what the charts say short term, but only what the company direction is long-term.
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