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nsomniyak

01/19/17 2:18 PM

#5578 RE: Richcc71 #5577

There are only two reasons NOT to do the cashless exercise:

1. (Main reason) would be if you wanted to hold whatever the new stock is for some time before selling it.

2. There may be tax reasons for a lucky few of us - If you exercised and held, you would defer taxation on the shares. This would only make sense if you were in a GAIN position on ANVGQ, which would not be the case for almost all holders. Most of us have losses here and would take them as soon as we could.