SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : E*Trade (NYSE:ET)
ET 16.41-1.1%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ecommerceman who wrote (5844)4/8/1999 10:30:00 PM
From: Oeconomicus   of 13953
 
ecommerceman, careful you don't run afoul of the taxman. A short-against-the-box (short and long the same security) is a constructive sale. You can't turn a short-term gain into a long-term one by boxing and closing out after the gain position reaches 12 months. You can hedge, but you might want to seek tax advice (from a professional) to see how far you can push things.

Good luck,
Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News