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atangolover 3 posts  |  Last Activity: Nov 12, 2015 5:50 PM Member since: Feb 3, 2000
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  • Reply to

    Peer to Peer.....there's no money there....

    by sonofapuck55346 Nov 12, 2015 4:37 PM
    atangolover atangolover Nov 12, 2015 5:50 PM Flag

    So, are you saying that PayPal makes no money? Apple has over 850 million credit cards on file. I am sure that dwarfs PayPal's customer base. To me, I would rather stay on one site for peer-to-peer payments than have to go to two. I believe PayPal makes money primarily by holding the money on deposit and earning interest and other fees.

  • Reply to

    taxable event or no?

    by mqdavis56 Sep 20, 2015 1:37 PM
    atangolover atangolover Sep 21, 2015 12:05 AM Flag

    I think it depends on what your basis is in the stock. Obviously, if one sells ATML before the deal closes, the gain or loss will depend what you sell it for. If your basis in below the cash portion of the deal, then the difference between your basis and the cash value is probably taxable. If your basis is higher than the cash portion, I think there is no taxable even as one is just receiving a non-taxable return of capital. If one holds and takes the shares in Dialog, the ultimate taxable event will depend on what you liquidate the Dialog shares for. It may make sense to take the new shares if Dialog's management will be in control. Tough call at this point. Would be nice if a competitive bidder steps up to the plate. I will probably sell covered calls out of the money and capture some premium until the deal closes. Doesn't seem to make sense to sell until later, certainly not until 2016 if you have a gain.

  • atangolover by atangolover Sep 17, 2015 7:54 PM Flag

    This guy has been in the CEO job for nearly ten years and has not generated a single cent of value. At the same time, he has enriched himself, receiving salaries and bonuses obscenely disproportionate to his value of the company. This piece of garbage has been paid as if he were a successful CEO. What a complete disappointment. He should have been fired years ago and a competent CEO should have been brought in to fix the company or sell it. He should be sued for gross incompetence and his generously bonuses returned to the company as unearned income and based on fraud.

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