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.
Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?

To: Henry Niman who wrote (13852)1/29/1998 10:06:00 AM
From: celeryroot.com  Read Replies (1) | Respond to of 32384
 
Henry, there is a new tax law that if you shorted against the box you have to cover by Jan 31 of the following year. You can no longer keep the money forever without paying taxes. You then have a 60 day hold on your shares(if you buy to cover) in order to maintain your long term position and the only derivatives allowed are selling covered calls. I wonder if this will come into play. I am a little fuzzy on this.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News