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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST
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To: Tom C who wrote (11013)2/14/1999 5:59:00 PM
From: JOHN WHITE  Read Replies (2) of 15313
 
Hi Tom,
As long as we're on the subject of "long term" maybe you could supply us with a definition of what long term is.

Is it someone who buys and holds for 5 years without ever trading ? Could it be someone who buys and holds their entire position for the required 1 year for IRS LTCG classification ? Or could it be someone who buys and holds their core position for 1 year or longer, but trades in and out with a second position ? Perhaps it could be an investor who holds ANY portion of an issue for one year ? Of course someone might be a long termer if they day traded an issue for several years ?

Please give us some sort of definition on this issue lest myself or others falsely declare ourselves long termers from a lack of proper information.

Thanks,
John
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