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.
Strategies & Market Trends : Margin Calls - Share The Pain

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Spillane who wrote (12)11/30/2000 9:28:50 PM
From: daffodil   of 158
 
The news here in Seattle was that some people's houses and cars were in trouble due to margin calls.

That's frightening. I've heard that luxury cars can be purchased for incredible prices now because so many were ordered and the buyers can't pay for them. Very sad.

There was an incredible tidbit on the front page of yesterday's Wall Street Journal about the impact of the alternative minimum tax on people who have exercised incentive stock options, have a huge loss now, yet have to pay huge taxes on their exercise because it was profitable at the time of exercise.

Actually, thinking about this and its impact was one of the reasons I started the thread. Apparently, the only way to avoid the tax is to sell the stock in the same year as exercise...in other words, more tax selling to come on top of the normal tax selling we'd expect in this awful market.

Is there any hope for Nasdaq stocks before January???
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext