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Microcap & Penny Stocks : VLVT (was CSMA)

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To: FTJoe who wrote (4970)2/1/1998 9:07:00 AM
From: PRATT9999  Read Replies (1) of 11708
 
When I read the posts, every other post I have to double check the thread to make sure I didn't accidently jump off the CSMA thread.

I bought some shares @.60 to get my feet wet. Then I started believing and bought @ $1 and some @ $1.25. The whole time wishing I could buy @ .60 again. Well the time is here. Is there anyone out there that doesn't believe this will be over $1.20 in the next six months, that's a 100% return in six months. Just my $.02.

PS remember LONG TERM capital gains must be held at least 18 months now, and the tax rates can be drasticly different. So the delay may help us in the long run.

EXAMPLE

Gain $25,000 $25,000
Tax Rates 31% 20%
Tax 7,750 5,000

Savings of $2,750 or 11%. Something to think about.
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