Anyone following UTI Energy Corp.? Message Board

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Gold/Mining/Energy : Anyone following UTI Energy Corp.?

UTI 24.84

-0.6%

Dec 12 9:30 AM EST

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To: The Ox who wrote (672)	5/11/1998 5:25:00 PM
From: P.Prazeres	Read Replies (3) of 1305

Mike, Not to beat a dead horse...but remember that when you lock in a profit with the intention to get back in after a dip, that dip must be larger than the tax that you pay on the original gain...otherwise, it's a trade that wasn't worth making....if one assumes a 20% tax, the stock needs to drop $0.20 for every dollar gained plus a round trip of commissions just to make a break even trade. Just some thoughts.. Paulo

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