Suppose someone sold 500,000 at .08 today. $40,00
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Posted On: 03/31/2021 6:25:49 PM
Suppose someone sold 500,000 at .08 today.
$40,000
tax owed 12,000
28,000 kept
Buy back in at .06
gives you 466,666 shares.
Buy back in at .05
gives you 560,000 shares.
Lot of work to pay that much tax and either lose shares or gain a handful.
What if news drops before you buy back in? Ooops!
$40,000
tax owed 12,000
28,000 kept
Buy back in at .06
gives you 466,666 shares.
Buy back in at .05
gives you 560,000 shares.
Lot of work to pay that much tax and either lose shares or gain a handful.
What if news drops before you buy back in? Ooops!
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