Financial Intranet Inc. (OTC:BB:FNTN) Message Board

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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)

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To: BlueCheap who wrote (691)	1/20/1998 9:33:00 PM
From: rickd1	Read Replies (1) of 2897

malcolm, I agree with your post 100% but I haven't been able to add the tax issue into the formula. I have formulated my own strategy similar to the one you propose but i am not sure if you would be ahead if you are paying taxes along the way (unless you do it enough times a year & are very successfull). What is your philosophy/how do you address the tax issue. i.e. do you put the estimated taxes aside in a different account or let them ride & worry about the taxes when they are due. If you let them ride, what if the stock goes down & you are forced to sell at an inopportune time to cover the tax bill? Thanks

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