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Strategies & Market Trends : APMP (formerly APM)

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To: WTMHouston who wrote (10244)3/8/1998 9:44:00 PM
From: AlienTech  Read Replies (2) of 13456
 
Is it now illegal to short against the box? I know that a few years ago they made it that you HAVE to pay taxes on the gains when you short against the box. Seems new laws are always comming up. So what happens if you get your wife to short some shares you have. You already own the stock and you have to pay margin on the stock sold short but if its going down then why not.. hmmm.. so many questions and the irs is such a lil boy err thing..
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