Replies to post #28856 on BIH Corporation (fka BIHC)

[coaldollars]

Johnny,
Our plan is to take the divi and hold for the next
deal. Unless a huge short squezze based on numbers in
your scenario.
Why, We would be up huge anyway even with paying taxes why
sell. "Dance with the one that bring you to the party."

Semper Fi

[slazenger7]

Sounds like a fairly simple math calculation that you have pretty much answered yourself in your question.

[turbosig]

15% divy versus your taxable income rate for short term capital gains.

You'll just need to do simple math there depending on your tax bracket.

[Trader0327]

You have to sell where you feel comfortable with the profit you make. It is hard to tell where the best price is because we don't really know what other plans Cris has in mind. Suppose this goes to a dollar and you sell, it falls back to fifty cents. Then they announce some big merger and it goes to two dollars. We don't know the future. Do what is right for you. I think most people would be happy with the dollar, but you might be upset you missed the two dollars. You should at least sell enought to get back your original capital. The maybe sell some and keep some.