SiliconInvestor
     Advanced Search   [ sign in ]

sponsor
Sponsor

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


To: chester lee who wrote (2488)11/23/2000 5:53:29 AM
From: Mama BearRespond to of 2506
 
"which is usually a strategy to offset large capital gains"

There are a lot of folks who took profits in the run up in March, and subsequently when the market bounced. Then there might be a profit or two on the short side that needs to be offset. -g- I've heard there are a number of mufus that will be declaring hefty capital gains to their shareholders despite the fact that their NAV is negative for the year.

Regards,

Barb



To: chester lee who wrote (2488)11/24/2000 7:32:40 AM
From: Dale BakerRead Replies (1) | Respond to of 2506
 
Don't forget a lot of profits from late 1999 that were carried over to January 2000 to push back the tax payable date by 12 months. I will take all the losses I can this year to cut down the substantial carry over profits from 1999.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQ
Copyright © 1995-2013 Knight Sac Media. All rights reserved.