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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks -- Ignore unavailable to you. Want to Upgrade?

To: MCsweet who wrote (1467)7/13/2011 1:56:54 PM
From: Jurgis Bekepuris1 Recommendation  Respond to of 1931
 
Public service announcement requested by MCsweet:

If you are buying a foreign low price/cash ratio stock, it is likely to be a PFIC. If you don't know what PFIC is, buy the stock in IRA/tax deferred account, learn and see a tax advisor. At least do two out of three. :)

Some info about PFIC treatment can be found here: justanswer.com

GRVY is a PFIC. You've been served... I mean "warned". :)



To: MCsweet who wrote (1467)7/13/2011 10:13:43 PM
From: Elroy  Read Replies (1) | Respond to of 1931
 
I own just a little grvy in a Roth, so hadn't even thought about the tax issue. Ive never heard of a pfic before...I thought it was a plain old stock.



To: MCsweet who wrote (1467)9/22/2011 9:34:29 PM
From: stock leader  Respond to of 1931
 
u gotta buy some MYRX at 2.75 bro... add more if it goes lower over next month... easy.. you already missed TGAL at 1.90


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