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Gold/Mining/Energy : NP Energy Cp New -- Ignore unavailable to you. Want to Upgrade?

To: Thumper3 who wrote (21921)	11/6/1999 4:54:00 PM
From: Lee N	Read Replies (1) \| Respond to of 22810

So according to you, you can do a private sale or transfer of stock. Interesting! I do not quite understand the last part however. It seems that as far as income tax purposes, it is directly related on what you bought and sold it for, less broker fees. If you can prove that, I cannot see any problem with the IRS. Are you saying again that if it is a public company, it has to go through the market or stockbroker? Why should this be? Irregardless of what the market value is at the immediate time, if I decide to sell to an individual directly at a price slightly below the present bid price why would this not be a valid sale? Is what Bully states true that all public company shares MUST be traded on the floor. What if I want to trade X number of shares of stock with another individual for X number of different shares at the present prices. Bartering has gone on for years. It is not subject to tax or anything else. It is immune to tax. This is a little different slant from what I originally posed however it is related. Comments?