SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : THQ,Inc. (THQI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sigmund who wrote (9425)1/24/1999 7:44:00 PM
From: Zirdu  Read Replies (1) of 14266
 
<< why not hold the shares until Jan 1 before selling?>>

This one is easy. Because he wanted the gains in 1998 tax year, because he expects to exercise and sell more shares in 1999, and so have more gains in 1999. Maybe he is a stock investor in other companies, and had a big capital loss for 1998 he wanted to use up. Who knows. But it does look like he sold in 1998 for a reason. And the fact that he did now "wait" till Jan 4th 1999 to sell tells us nothing, since no THQ news came out between the time he sold in late December, and early January (where he could have sold for over $30 per share)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext