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.
Technology Stocks : Intel Corporation (INTC)
INTC 48.12-0.2%10:08 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bernard Newman who wrote (6148)12/10/1996 3:29:00 AM
From: Khris Vogel   of 186894
 
Did you make any money to speak of? After your commission costs, wouldn't the short term capital gains tax rate kill a significant portion of your gain?
I'm curious the # of shares you flipped. I would guess that this would be the determining factor in evaluating your strategy.
Of course, your strategy would be all wet if INTC proceeds to continue its climb. Your (minimal) short-term profit would be dwarfed by any long-term gains (and at a lower tax rate, to boot) if the momentum holds true.
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