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mcjp0609

02/19/10 11:13 AM

#100969 RE: mypenneys #100968

HHHMMMMMM - As I rub my chin.
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4Zoe

02/19/10 11:26 AM

#100970 RE: mypenneys #100968

That's a problem...I have been thinking about buying a few more, but it went up. (still a good price)...already have over 1/2 M and if I get more and it does go to over a dollar...expecting that and more...how will I deal with all the mega $$$...will it change me on the inside?...
not a bad problem to have to deal with ;-):-) ;-)
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stockgal84

02/19/10 11:29 AM

#100971 RE: mypenneys #100968

Oh please!!
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JC8484

02/19/10 11:32 AM

#100974 RE: mypenneys #100968

That's why the advice to place a sell at $1.00 for the whole tying up of shares may bite some people in the a$$ for tax purposes and for what they wanted to do as an investment strategy.

Just think you followed that advice went somewhere and didn't follow for a few days and came back and saw the stock exploded and you sold at $1.01; held for short gain and now have a bigger tax liability and no longer holding a position.

This maybe a strategy you may want to rethink.