i have been trading ARIA for over 15 years and I can tell you it don't take any reason at all to move it 10%. There is no logic to how this stock moves around.
If ARIA would have opened up at $10 or even $9.50 they would not have been cheaper. As it is they are only $.05 cheaper now.
I guess that's a good problem to have.
I understand that Schwab hires an accounting firm to take care of this kind of thing, but they charge you for the service .
If they are in an IRA you will care if the UBTI goes over $1000 for all MLP's combined, you will owe tax on it even in the IRA. Filling out the Form 990T is the real problem.
Agree but I have 2000 shares of AB in my Roth and this year the UBTI went from $340 last year to $960 this year. I afraid that next year it will go above the $1000 mark, paying the tax doesn't really bother me so much, it's filling out the form 990T, it makes filling out a form 1116 look like a cake walk. I might split the 2000 share up and put half in the traditional IRA..
My AB came with in $5 this year and when I looked into what I would have to do if it goes over it is a nightmare.Thinking about selling it just to be sure it doesn't go over next year.