Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: longdong_63 who wrote (23489)	12/15/2002 2:27:49 AM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 36161

>> It's obvious what's going to happen shortly << Don't disagree, but 50% tax bracket w/ 2 weeks left in the year...I think I'll hold. Big owner of KGC here. Don't anticipate much lower than 1.90 on any pullback. Not worth it for me to try to sell the entire position to work in 15% cheaper. It's not just the taxes I have to pay this year, but the 90%, 118% rule for estimated taxes for next year. In this market can't fault anyone for taking profits though. In general I don't worry about taxes, but this close in the year it is a consideration.