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.
Gold/Mining/Energy : Anyone following UTI Energy Corp.? -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (672)5/11/1998 2:52:00 PM
From: Captain James T. Kirk  Read Replies (1) | Respond to of 1305
 
I never thought you were implying that others should sell. I am as itchy as the next guy when it comes to locking in profit, and when we hit 20 1/2, It took all I my will power not to sell. I was just curious why you sold today, where as I have no desire to sell today, and saw no reason too, unlike last week when she was peeking. just curious why my short term instincts did not kick in with yours. That is all.



To: The Ox who wrote (672)5/11/1998 5:25:00 PM
From: P.Prazeres  Read Replies (3) | Respond to of 1305
 
Mike,

Not to beat a dead horse...but remember that when you lock in a profit with the intention to get back in after a dip, that dip must be larger than the tax that you pay on the original gain...otherwise, it's a trade that wasn't worth making....if one assumes a 20% tax, the stock needs to drop $0.20 for every dollar gained plus a round trip of commissions just to make a break even trade.

Just some thoughts..

Paulo


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