HerbVic: No, my premiss is not based on misconception. It is based on fact. Yes, capital gains are a part of investing but without taking taxes into account, selling CPQ now, to avoid dead money, could be down-right foolish for long term investors interested in holding shares of CPQ in the future.
I did some fast math, and for me to get out now with the intent of getting back in later, CPQ would have to drop to 17.865 for me to even be able to buy back the same number of shares. To actually make out on the sale, CPQ would have to drop even farther.
No, for me and some others on this thread, selling for the short term would be pure foolishness--unless we did not want to buy back in later. Buy something for the short term, until CPQ starts moving back up? Sorry but I'd much rather pay 20% than 39% to Uncle Sam (then another 28.9% of this to my state).
Lynn
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