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Microcap & Penny Stocks : PAYP

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To: Gary S who wrote (136)7/26/1999 12:53:00 PM
From: Ga Bard  Read Replies (1) of 179
 
Absolutely. But I typically just trade and let the CPA deal with the rules of tax matters.

I just try to turn profit ... If I get in at .50 and see it falling I will sell and wait for the floor and accumulate. Typically by the time it moves back to where I sold out I have it as my new AMSC not the higher AMSC. SO I rarely worry about the 30 day rule.

Just bard math. Bottomline is the IRS wants to know what you gained not what you lost.

GB
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