Replies to post #648168 on Fannie Mae-No Politics (FNMA)

[Job29]

But won’t those same shorties get hurt with Short Term Cap Gains taxes? What’s the point of shorting if you have to deal with a 25% penalty every single time? Not to mention, any sales they make with a loss and buyback within 30 days is treated as a Wash Sale? I personally would just be concerned about running up a massive tax bill.