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Strategies & Market Trends : Shorting stocks: High fliers -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (612)12/31/1998 2:06:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 709
 
JohnG Really? You did not box earlier and unbox - selling the warrant at $17. Remember the day...(when it hit $24 briefly).

I left money on the table. Sold short the warrant at $17, covered at 7 +....

C.



To: Q. who wrote (612)12/31/1998 2:13:00 PM
From: Mark Marcellus  Read Replies (1) | Respond to of 709
 
<< BFLY down hard the last day of the year.>>

I'm wondering if anyone who is tax literate knows whether capital gains from stocks sold today are taxable in 1998 (sale date) or 1999 (settlement date)? One theory on the internuts is that people with huge unrealized gains will start dumping them in the new tax year. Could it be starting now?

FWIW,

Mark


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