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Gold/Mining/Energy : Anyone following UTI Energy Corp.?
UTI 24.84-0.6%Dec 12 9:30 AM EST

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To: P.Prazeres who wrote (681)5/11/1998 5:42:00 PM
From: 007  Read Replies (1) of 1305
 
Paulo, the object is to make as much money as you can, which usually means paying as much taxes as possible - well, at least when it comes to securities. The more you make the more they take, but that shouldn't stop you from trying to make as much as you can.

Correct me if I'm wrong, but the issue may be whether your trading can overcome the difference in tax rates between short-term and long-term capital gains, assuming the stock will be a good hold for 18 months.
007
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