Jan. 15 at 8:31 PM
$VELO
Large holders shaking out retail.
This crazy volatility will stop when they go positive cash flow later this year and then positive net income per GAP.
If you're selling for a profit now, you will be crying later when the pps is double and more.
How much of that profit is yours and how much is Uncle Sam's?...at regular income tax rates.
So add your short term gain to your expected Adjusted Gross Income without the gain and then take the total and see what bracket you fall in...take that percentage X your gain...that's Uncle Sam's portion.
Better to wait until you've held it for a year and are eligible for Capital Gains tax, especially given that the pps will be higher in a year, when they have increased their yearly sales and income.
