Posted On: 12/03/2012 2:05:45 PM
Post# of 72441
I agree Dragutin I think that some of this selling is people who are up 100% and are taking some off the table.
But I do think that other people are selling with the idea of getting back in. They are failing to factor in the short-term capital gains tax -- for that to be effective, they are going to have to buy the stock back at what, 35% lower? hopefully THAT won't happen.
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