AmeriResource Technologies (ARET) Message Board

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Microcap & Penny Stocks : AmeriResource Technologies (ARET)

ARET 0.0001000

0.0%

Nov 5 1:03 PM EST

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To: MakeMoney who wrote (2913)	9/24/1998 1:14:00 AM
From: chris of nyc	Read Replies (1) of 7609

i have to ask... if you have cap. gains of 10M, and can take a tax loss of 2M., explain why u wouldnt? To add to this notion, if you do this on dec 30, and rebuy the "bad-boy stock" on jan 31 (hopefully at the same price u sold it for) because you truly believed in the co., you have just made your money work for you. Why not use the loss to your advantage? its not what you get, its what u keep. if i make money in the market, i dont mind paying taxes. but when the cap. gains rate eats into my profit, that i have a problem with.

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