GrowLife Inc (PHOT): I would rather pay more in taxes than ta...

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Re: Steamdaddy post# 70369

Wednesday, 03/19/2014 8:13:21 PM

Wednesday, March 19, 2014 8:13:21 PM

I would rather pay more in taxes than take a 65% haircut in PPS. Not saying that will happen. I think the stock needs a rest and will consolidate eventually moving higher. That said I sold half my shares at .74 I was in at .4 so I had to take a profit. It would be dumb not to. The tax code, IMHO is dumb. it shouldn't matter how long an investor holds a stock. It should just be a 15% capital gain tax and that is it.

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