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.
Microcap & Penny Stocks : PLNI - Game Over -- Ignore unavailable to you. Want to Upgrade?


To: rrm_bcnu who wrote (738)12/14/2005 2:40:03 PM
From: donpat  Respond to of 12518
 
Nice one!

Some losses....some gains...just make the gains bigger.

Right, I'd like to hear his response, too!

Fat chance.



To: rrm_bcnu who wrote (738)12/14/2005 4:59:32 PM
From: Farnzworth  Respond to of 12518
 
I am happy to see you have one winner. To bad it is a short term gain and now the IRS will want their share. But of course, after you get done subtracting your losers, you probably will pay no tax. Come to think of it, I have not seen your name next to Peter Lynch or Warren Buffet as some of the best in the market. Must be an oversite.

At this point I don't have any winners or losers in penny stocks because this is the first and only penny stock I have invested in. It appears PLNI will be my only winner or loser in the penny market. Either way it will not make or break me.

The investments I have been in for over 40 years have done very well and I do not decrease the value of the investment by paying short term taxes on impulse trades. But I love your type who trade on the short term and pay those taxes so we can rebuild New Orleans. Keep making those trades and paying those taxes and I will sit back and watch my investments grow tax free. Maybe even Turek will get his act together and I will have another nice long termer.