Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Simon Withers who wrote (18171)	1/14/1999 2:08:00 PM
From: Jan Crawley	Read Replies (1) of 27307

The only reason I can see to be in this position is either to avoid paying taxes (and I can well understand why any YHOO longs would feel that way), or in order to be able to talk in the bar about your big positions without actually carrying any risk. You are right that there is no good reason to be in a 100 shares boxed position here. It's too early in the year for tax considerations. I bought the shares at $184 shortly after Thanksgiving week and tried to trade a few times and end up a boxed position. My options here are to close the box or try to trade a few times - a daily decision. However, there is one advantage in trading box; as long as the box is closed, gap up/down is of no consequences.

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