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hogtrader
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Everything posted by hogtrader
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I made 3 trades in 2011 the 1st round trip and then bought back in to same stock within 2 weeks..
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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