Big Dog's Boom Boom Room Message Board

STOCKTALK

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.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: chowder who wrote (41006)	3/29/2005 6:22:12 PM
From: Ed Ajootian	Read Replies (2) of 206322

dabum, we are running a marathon here not a sprint, let's see who is ahead at the end of the year on ATPG before declaring victory of TA over FA shall we? Taking into account taxes (and my combined Fed & state tax bracket is about 43% for STCG) one would have lost $2.50/share in profits after tax by "capturing" the $6 in profit that ATPG generated when it went up to $26, vs. where it is today. Not sure that TA could have really predicted that the $26 was the time to sell, but let's give you the benefit of the doubt. So as of right now you are $3.50/share (i.e. $6 less $2.50 tax) ahead of me, who did not sell. If the stock closes the year at $26 then (since the stock will have become LTCG property for me by then) I will be ahead of you by the difference between STCG and LTCG rates. By buying back in now you have also reset the clock on getting an LTCG on your new investment, which may cause you some agita next year because you may not want to be holding this turkey through another 10K filing.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next