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manfromjax

04/26/24 12:47 PM

#22729 RE: gdog #22726

Yea, swing trading NLST would have been a good option over the years. The problem is that since NLST is on the OTC is the $14 FEE to trade (Buy&Sell.)
On a small lot trade of 100 shares, there would have to be at least a .14 different in price to cover this fee. Only large lot trade of like 1000 shares would be profitable. A second problem is that, if you have been in NLST for years, and in a taxable account, most of your shares are probably in the Long Term Capital gains category So, selling them now may not be a good option tax wise. Unless Biden proposed 46% capital gains tax comes true.

The only place to trade is in an IRA!!! But you still have that $14 Fee.