Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
hogtrader
-
Content Count
2 -
Joined
-
Last visited
-
I made 3 trades in 2011 the 1st round trip and then bought back in to same stock within 2 weeks..
-
I purchased 600,000 shares of a company around the 0.08 cent range in march 2011. I sold 600,000 shares in late november 2011 for a $300,000.00 profit. In the 1st week of december I reinvested in the same stock at a $1.00 stock price leaving me with 300,000 shares I have held my position through 2012 and no the stock sits at the .25 cent range. will I be taxed on original $300,000.00 I have a tax extension until october 16th 2012