Post by
grandpama4 on Nov 09, 2012 4:33pm
1.78
I get the feeling that Anonymous is working hard to keep price down especially over last several days. Must have a hidden agenda
Comment by
nssherlock1 on Nov 09, 2012 7:37pm
I don't want to look like a conspriacy theory type of person, but do you think they might be trying to make money....
Comment by
grandpama4 on Nov 09, 2012 7:46pm
You don't make a lot of money by selling at a price lower then the market is willing to pay. It like someone offering you $1.00 for something and you say no I want 90 cents and sell it for 90 cents. Strange way of making money and doing the same transaction over and over.
Comment by
certified8 on Nov 09, 2012 10:04pm
Maybe this is an owner booking capital gain and re buying. USA tax rates may go up in 2013 In Canada we can sell and buy back the same day to book a capital gain not sure about USA
Comment by
bows333 on Nov 09, 2012 10:29pm
If you sell a stock in the USA, you have to wait at least 30 days to rebuy it or the IRS does not recognize the transaction (if I remember my tax rules correctly). It would appear that something else is going on. Bows
Comment by
BlindBat_1 on Nov 09, 2012 11:47pm
If you sell a stock in the USA, you have to wait at least 30 days to rebuy it or the IRS does not recognize the transaction (if I remember my tax rules correctly). It would appear that something else is going on. Bows ================ I'm pretty sure you meant... If you sell a stock AT A LOSS in the USA, you have to wait at least 30 days.......
Comment by
grandpama4 on Nov 10, 2012 3:37pm
You can always sell at 1 to 2 cents below ask for this type of stock . Strange to be done mainly in 100 share blocks. No certainty on tax increases as a deal has to be made with Republicans as both parties know that a return to old rates will probably create a recession in the US and more then likely the world. Comprimise will happen.
Comment by
grandpama4 on Nov 10, 2012 4:54pm
I think we are both sayng the same that this type of trading does not make sense however I think it is time to move on and wait for all the great news to come over the next month. The news will reward all who held on and beleive in MMT over the long term as I do along with many on this board. BOL
Comment by
goldennugget24 on Nov 10, 2012 5:49pm
Got 1 for clarity. hmmmm. Guess I wasn't clear enough. Ok, so here it goes again................ hehehe. I'll spare you. You're right Grandpama, so long as we make money in the months to come. Time to move on. GL