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Strategies & Market Trends : CXI-Commodore Environmental -- Ignore unavailable to you. Want to Upgrade?


To: Russel W. Kennel who wrote (1441)12/21/1998 7:09:00 AM
From: KewlHand  Read Replies (1) | Respond to of 1755
 
Wish you guys had our tax laws on capital gains, we all sell our
stock to our broker last thing on the last day of march and buy
it back first thing first day of april, This realises our tax
loss or gain and gives us no exposure to market movement, the broker
simply agrees (for a very small fee) to hold our stock overnight. It's called Bed & Breakfasting. Saves all this fudgy "is it tax loss
selling?" that CXI and other stocks seem to suffer from.

Have a great Xmas peoples, perhaps santa will bring ACWA something
in his stocking, and perhaps they may even spend it where they are
supposed to!

regards

kh