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Joe Monster

10/04/06 9:39 AM

#107934 RE: pop-a-top #107930

How many people hold penny stocks for over a year. You really can't with the amount of ups and downs such stocks have.
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Lurker from Mars

10/04/06 9:40 AM

#107935 RE: pop-a-top #107930

For those that hold most and flip to accum...what does it matter if I pay 300K on my $1mil...I still have $700k I didn't have before, plus the extra I flipped for! LOL

For that matter, if it costs me $10k in fees for $1mil...who cares! Just gotta have the right stock and always be above your costs!
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Grande25

10/04/06 9:41 AM

#107938 RE: pop-a-top #107930

So this would be considered small business stock since it's not on a major index? Or... I guess I'd have to figure out what section 1202 was. From what I can see it looks like 28%:

Small Business Stock Gains (Section 1202)-- Holding period of More than five years = 28% on the gain not excluded