Posted On: 10/14/2013 6:02:03 PM
Post# of 36729
Re: Airman1991 #8849
Looking at the numbers given, it looks like you have $4800 staked on AEGY (4mil, basis 0.0012) and $1100 staked on SKTO (110k, basis 0.01). Total $5900.
AEGY Pros
We have seen AEGY run hard several times.
Cons
Time issue. AEGY depends on launch of Pharmajanes. Opportunity cost if SKTO continues run.
SKTO Pros
Q3 termed as "terrific" by Allyn. BB. Dharmanol. MOMO.
SKTO Cons
Any misstep treated savagely by bashers. Opens risk of short attack.
Let's say you sold 2mil AEGY @ 0.0007 ($1400) and bought 100k SKTO (.014) with the $1400. You would book a $1000 capital loss (usable at tax time) on those 2mil AEGY sold.
SKTO would have to rise a penny to recover your loss on AEGY. 100k x .01 = $1000.
Put another way, your remaining 2mil AEGY would have to rise 0.0005 to recover the $1000 loss. 2,000,000 x .0005 = $1000.
If you think SKTO will continue to go up nicely while AEGY stagnates, then the above plan may make sense. If you think AEGY is due for a big run and SKTO hit a plateau, then the above plan is not good.
AEGY Pros
We have seen AEGY run hard several times.
Cons
Time issue. AEGY depends on launch of Pharmajanes. Opportunity cost if SKTO continues run.
SKTO Pros
Q3 termed as "terrific" by Allyn. BB. Dharmanol. MOMO.
SKTO Cons
Any misstep treated savagely by bashers. Opens risk of short attack.
Let's say you sold 2mil AEGY @ 0.0007 ($1400) and bought 100k SKTO (.014) with the $1400. You would book a $1000 capital loss (usable at tax time) on those 2mil AEGY sold.
SKTO would have to rise a penny to recover your loss on AEGY. 100k x .01 = $1000.
Put another way, your remaining 2mil AEGY would have to rise 0.0005 to recover the $1000 loss. 2,000,000 x .0005 = $1000.
If you think SKTO will continue to go up nicely while AEGY stagnates, then the above plan may make sense. If you think AEGY is due for a big run and SKTO hit a plateau, then the above plan is not good.
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