Replies to post #173159 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[weNeedsProfit]

There is money in fliping that's why people do it. Plain and simple and you should think of it on a larger scale. Tax purposes work out to be the same if you hold or flip it's all a loss or a gain at the end of the year.

[Stock Stallion]

first off even cap gains tax isn't 50% for short term gains and second who is going to flip 100 shares. If you can't see how to make money flipping this stock, then a few posts won't help you. good luck to you