Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.


OTCPK:MEAOD - Post by User

Bullboard Posts
Comment by JRaffleson Sep 01, 2010 2:56pm
402 Views
Post# 17405050

RE: Fried green tomatoes

RE: Fried green tomatoes
Some points to consider, that may not be relevant to you or other investors:-

1. It is often difficult to accumulate sufficient stock in small companies like Metanor, to make it worthwhile to make a two or three week trade worthwhile.
2. It most countries there is a favourable tax treatment for capital gains, in comparison to income. If an investor is diving in and out of stocks on a regular basis, then a higher income rate on gains may be difficult to challenge. In the UK, until the last tax year, the CGT rate was 18% and 40% on income.
3. Whilst you may wish to take a short term gain on Metanor, do you not think the odds on a gain at 15 September would be more attractive?
4. Most investors do not have the risk tolerance to be continuously incurring regular buy & sell brokerage and price spread costs. Instead, if sound research has been undertaken, then it is a case of when, not if, a gain will be made.

At the end of the day, it is an individual choice and you have to be a judge on what is best for you, based on past experience.

Does this mean you will no longer be contributing to this board - if so, there goes my official french translator.

Raffles - Le Anglophone

  
Bullboard Posts