Sep. 3 at 7:51 PM
$APP You're transacting in a................ stock.
The tax man only cares about your exit and entry PRICES and the dates each occurred. He couldn't care less about revenue or a price to sales ratio at 15x.
Capital formation occurs on the IPO and any secondaries. Other than that, it's under the realm of a market maker. Perpetually, as long as it's listed. Whereas, CEO's come and go.
Two simple questions: IF the CEO sells his stock (or exercised calls), WHO does he sell it to?
What does this lucky buyer do with it?
