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Strategies & Market Trends : Ride the Tiger with CD

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To: Taikun who wrote (25983)	2/24/2005 5:14:23 PM
From: Taikun	Read Replies (2) of 312267

I know an investor who has tax credits and now they pay 15% on the CanRoys in their retirement account and taxable acct. They can buy SJT, BPT, HGT, for example, and pay 0% in their IRS and 401k, and 5% in their taxable accounts because of tax credits. There are now only a half dozen or so CanRoys that would net more than SJT, BPT, HGT in a tax-sheltered account or taxable account. The game does appears to be winding up. I guess foreign investors are getting the message that the Canadians don't want their money. 15% out of the gate is excessive.

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