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Microcap & Penny Stocks : ABTX - Agribiotech
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To: ARCHIE P. who wrote (1365)12/18/1997 10:49:00 AM
From: John S. Baker  Read Replies (1) of 8359
 
Lucky mentioned the sell-in-January effect of people who want to slide their profits into the next tax year. I reckon there may be an additional "jeopardy period" in 15 months or so, when a sale by a US investor will be considered capital gains. I suppose, then, that buying into a stock as a long-term buyer, it's wise to check on such things as well as the fundamentals.


Amazing what I am learning by being a TM here.

JSb. (long on ABTX with a huge, for me, position, partially hedged).
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