Replies to post #79292 on Sulja Bros. Building Supplies, Ltd (SLJB)

[alwaysup]

Me thinks I need to smoke a really big daubie bout now!

[lady*b]

Way To Go, Uga....The American Dream, lol

[cheaplaf]

Once this does hit, we will need some expert advice from some on this board as to tax $$ short term vs. long term.

It is my understanding, if you hold less than a year the tax on capital gains is 28%, 1 year plus = 15%.

Does any one know if this is correct?