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Technology Stocks : Dell Technologies Inc.
DELL 133.20+5.7%3:59 PM EST

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To: VICTORIA GATE, MD who wrote (53002)7/22/1998 2:55:00 AM
From: PAL  Read Replies (4) of 176387
 
I did buy back 12k shares at to day low ,out of the 11k shares money i sold last week

Victoria, congratulations to your timely moves. Please enlighten us:

You sold 11k shares last week at 117 1/2 (or around that area), you need to pay taxes on your gain (at around 42%). Then you bought 12k shares at the low (around 110). On paper you are ahead around 6.8%. Is this paper profit more than the taxes you have to pay?

Would you say that BUY and HOLD would be a better strategy?

As Jay Goldinger said: It is not what you make, but what you keep.

Good Luck to you.

Paul.
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