Urthecast Corp T.UR

Primary Symbol: LFDEF

Technology Software - Application

UrtheCast Corp is a Vancouver-based technology company that serves the geospatial and geo-analytics markets with a variety of products and services. The company operates earth observation (EO) sensors in space, including two satellites, Deimos-1 and Deimos-2, to produce imagery data that is displayed on UrtheCast's cloud-based web platform and distributed directly to partners and customers. The company's primary source of revenue is from earth observation imagery and engineering. Geographically the company offers its services to Europe, Russia, Middle East, Africa, South Asia, and the Americas. Its only operating segment being the provision of the Earth observation imagery, geo-analytics products and services, and engineering and value-added services.

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Urthecast Corp

Bullboard Posts

Comment by Links68on Nov 11, 2015 10:49am

122 Views

Post# 24280971

RE:FINANCIAL ADVICE PLEASE...

It's probably not a bad strategy. I know we may never see $1.77 again, but assuming a 40% marginal tax rate you would need the sp to make it up to $1.95 for it to make sense (already there!). if you were to do it at $2 (2,750 shares) you would need a sp of $2.2 for it to make sense. The math I used was

$ amt of penalty/marg tax rate/50% (cap gains exemption)/# of shares

I think that would get you to the gain you would need to make it break-even.

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