If people keep selling them cheap shares it is a smart business move to keep the buy backs going. Wonder when the cheap shares will dry up? I hope price goes up soon so when they force me out I get good money for my shares.
Since Perron has such a negative outlooks near term for Moly would it not have been a smart move for TC to hedge (pre sell) part or all of it Moly sales when the price was 14? Does any of you think that might have been done. If so I would think that would be announced at Q2 conference call.
If so that could be the first smart move he has done since taking over.
On SCCO web site is states:
"To allow time to complete the review of the taxable and non-taxable portions of the 2012 dividend distributions, the IRS forms reporting dividends will be mailed in late February 2013."
Has anyone recieved this information. Early Feb I received my normal 1099 from Fidelity. I am expecting a new 1099 after SCCO send out new information. Is this correct? Does anyone have experiece with this type of situation in the past?
Are the taxes treated the same on the "trust" dividends as regular stock? The reason I ask is because FUN is an LP and there is a separate tax form.
I am looking at buying some shares but was wondering if I would complicate my tax return?
There is no way the recycled value of the cans of $1,000 of beer is over $200. Lets say you buy cheap beer that cost $.50 (buy 2,000 cans) a can that means a recycling center is paying .107 per can?
Now if you talking deposits that some states have I still don't think you can get to that number because you can't buy as many cans. Even if you can in that case you are just getting your money back.
I know this is meant as a joke but it so far from true that is lost on me.
Maybe it just that I lost so much money on this stock I am just not in the laughing mood.
"Then where is all the money coming from for ipods, ipads, etc to be bought? "
Welfare checks! The government borrows money from China to pay for people's housing, food and utilities they people have plenty left over from the welfare checks to buy entertainment stuff and overpriced clothing.
It will be years maybe decades but this pyramid sceem is going to come crashing down and it is going to be ugly.
The goverment will never be able to take away people's "free" stuff w/o roits happening in the streets.