So Mr know it all says: SATAN buys 200k at .20 cen
Post# of 7769
Posted On: 08/23/2014 4:00:06 PM
Re: celtics2014 #4061
So Mr know it all says: SATAN buys 200k at .20 cents a share for total of 40k. He now participates in the pp 400k at .05 cents. For a total of 60k combined at an average of .10.
Now correct me if I am wrong that is an average of .10 per share. So if he sells his 400k from .05 at .09 thats a gain of .04 cents x 400k approx 16k. Now BEING THAT SATAN SOLD BEFORE 1 YEAR HIS 16K OF PROFITS ARE TAXED AT 40% NETTING APPROX 10K AFTER TAXES. QUITE FRANKLY THAT TRULY SUCKS FOR PUTTING UP THAT TYPE $$$$$. bY SELLING HIS .05 CENT STOCK WITH 400K AT .09 ALL HE MADE WAS A SHORT TERM GAIN AFTER TAXES 10K AND HE LOSES ALL THE LEVERAGE ON THE 400K AT .05. SATAN'S STARTEGY IS PLAIN STUPID AS WITH THE 400K AT .05 HE HAS LOST ALL HIS LEVERAGE AS WELL AS LONG TERM CAPITAL GAINS. iF SATAN HELD THE 400K FOR 1 YEAR AND SOLD AT SAME PRICE HERE IS THE DIFFERENCE: 400K .04 16K GROSS X 15% LT GAINS IS $2400 SO HOLDING FOR THE POTENTIAL THAT SCRC IS VASTLY IMPROVING WITH ITS FUNDAMENTALS AND BENFITTING WITH LT GAINS ON THIS PP HE SAVES $4000 A BIG PERCENTAGE IN SAVINGS!!!! PIKERS THINK LIKE CHP AS THEY ARE ALL HIT AND RUN. HE NEVER BRINGS UP PAYING TAXES AS PART OF THE WHOLE PROCESS AS HE IS ALL SMOKE AND MIRRORS.
BOTTOM LINE: IN THIS EXAMPLE SATAN'S AVERAGE COST IS .10 CENTS BE ELECTING TO HOLD HIS PP STOCK 400K AT .05 HE GETS THE BENEFIT OF BEING TAXED AT 15% PAYING $2400 VS SHORT TERM GAINS PAYING $6400 A SIGNIFICANT SAVINGS OF 4000 DOLLARS!!!!!!! AND THE VERY BIG POSSIBILITY THAT Q3 AND Q4 WILL BE VERY EXPLOSIVE AND THE STOCK SIGNIFICANTLY HIGHER. EVEN IF SCRC IN 6 MONTHS STAYS AT .09 SATAN WILL BENEFIT SIGNIFICANTLY SAVING 4000 DOLLARS. AND JUST MAYBE WHEN THE COMPANY SHOWS A PROFIT THE STOCK WILL RISE SIGNIFICANTLY!
Now correct me if I am wrong that is an average of .10 per share. So if he sells his 400k from .05 at .09 thats a gain of .04 cents x 400k approx 16k. Now BEING THAT SATAN SOLD BEFORE 1 YEAR HIS 16K OF PROFITS ARE TAXED AT 40% NETTING APPROX 10K AFTER TAXES. QUITE FRANKLY THAT TRULY SUCKS FOR PUTTING UP THAT TYPE $$$$$. bY SELLING HIS .05 CENT STOCK WITH 400K AT .09 ALL HE MADE WAS A SHORT TERM GAIN AFTER TAXES 10K AND HE LOSES ALL THE LEVERAGE ON THE 400K AT .05. SATAN'S STARTEGY IS PLAIN STUPID AS WITH THE 400K AT .05 HE HAS LOST ALL HIS LEVERAGE AS WELL AS LONG TERM CAPITAL GAINS. iF SATAN HELD THE 400K FOR 1 YEAR AND SOLD AT SAME PRICE HERE IS THE DIFFERENCE: 400K .04 16K GROSS X 15% LT GAINS IS $2400 SO HOLDING FOR THE POTENTIAL THAT SCRC IS VASTLY IMPROVING WITH ITS FUNDAMENTALS AND BENFITTING WITH LT GAINS ON THIS PP HE SAVES $4000 A BIG PERCENTAGE IN SAVINGS!!!! PIKERS THINK LIKE CHP AS THEY ARE ALL HIT AND RUN. HE NEVER BRINGS UP PAYING TAXES AS PART OF THE WHOLE PROCESS AS HE IS ALL SMOKE AND MIRRORS.
BOTTOM LINE: IN THIS EXAMPLE SATAN'S AVERAGE COST IS .10 CENTS BE ELECTING TO HOLD HIS PP STOCK 400K AT .05 HE GETS THE BENEFIT OF BEING TAXED AT 15% PAYING $2400 VS SHORT TERM GAINS PAYING $6400 A SIGNIFICANT SAVINGS OF 4000 DOLLARS!!!!!!! AND THE VERY BIG POSSIBILITY THAT Q3 AND Q4 WILL BE VERY EXPLOSIVE AND THE STOCK SIGNIFICANTLY HIGHER. EVEN IF SCRC IN 6 MONTHS STAYS AT .09 SATAN WILL BENEFIT SIGNIFICANTLY SAVING 4000 DOLLARS. AND JUST MAYBE WHEN THE COMPANY SHOWS A PROFIT THE STOCK WILL RISE SIGNIFICANTLY!
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