Replies to post #196907 on Wave Systems Corp. (fka WAVXQ)

[wavxmaster]

CT Yankee

Well, if you double up here @ $2.95, you can bring your average down to $3.35!!

I'll guarantee that all of your disbursements will be above your average price come Feb 2011!!

Good luck

Wavxmaster

[may1sep2]

CT_Yankee Suggestion for you regarding IRA.

What you sell from IRA account is taxed
as ordinary income.
What you sell from regular account is
taxed as capital gains.
If you are expecting growth on Wavx it would
be wise to take it out of IRA and put it in
regular account.
It must be sold and repurchased.
If you have your IRA with a broker that
charges $7.00 per trade your OK.
If not transfer the IRA and then do the
selling and buying at $7.00 not regular rates.
It can get very expensive plus adding federal
and state (Connecticut) income tax that has to
be withheld without delay.
I hope that this info will be of help to you
and anyone else in the same situation.
May1

[Fullmoon]

CT Yankee, re: your RMD

So, you're over the age of 70 1/2? Instead of cash, you can satisfy your RMD with a distribution of Wave stock from your IRA. Your broker will require you to sign a distribution form which will ask if you're distributing cash or stock. Determine how many shares at the current price you'll need to move to satisfy the RMD and move them into a non-retirement account.

Hope this helps.

FM