lucky, i follow you...and i have thought about how that might work but i dont really know to be honest....let's say we have shares we bought in April 2008 and we exchange those for Series B preferred shares by November. Then we convert them back to common shares in Feb 2009. If we wait and sell them in April 2009, are they considered to be the same vintage that we bought in April 2008 and thus would qualify for "long term gain"???
or when you exchange your common shares and then convert them back to they get "reset" somehow...so that you would have to wait a year from when you convert them back to common to qualify???
anybody know how this works?...am i making sense anymore?
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