Somebody was able to buy at 19.95 today. How did this person manage that? Do you have to watch the S&P futures and put in "ridiculously" low pre-orders? I have Pepsi (PEP) and a trade went by at 76.48; it's back to the low 90s now. Just how early do you have to get up to catch these deals?
I bailed on COP and HES a couple of months ago after slow drip of declining price. My mistake was not believing Barrons two years ago when the front cover declared oil prices would fall to $65-70.
Don't worry, I sold all of the MRO in one of my IRAs so expect a takeover bid at $40 shortly.
Sold half my shares which means that a huge takeover bid will likely happen shortly :-)
I look at the USA vs SA oil situation as follows: While the USA has an great income statement at the moment, SA has the much stronger balance sheet.
Have not sold a single share of MO or PMI since I purchased the original stake in '97. Reinvested dividends since then, become a huge part of corp 401k account. Employees like me.
Not much different from refinancing real estate: pay off higher note by getting lower rate for more years. The key is to survive the downturn.
Hmm, I think mine is correct. The sales worksheet says that the numbers go to 6251 line 17. My way affects the value that TT puts there whereas your way ("Net Gain from Disposing of Investment Property") does not.
In any case, this entire KMP exercise made me realize that I forked up last year's sale of EEP (overpaid!) and I need to file amended 2013 returns.
The only issue is how solid is the book value. BV is a bit easier to assess with liquid marketable assets but as we know, the values of these things can fluctuate.
Ok switching to interview mode, I got to a page titled: Enter Gain or Loss Adjustments. Based on the sales worksheet, I put some of column 11 in short term, the rest in long term. Is this correct? Thanks!
I have everything inserted but not clear what I am supposed to do with column 11 on the sales worksheet. Following through TT, form 6251 line 17 says that it comes from the 6251 Worksheet. Those numbers come from the AMT schedule D and the regular schedule D. The numbers on those scheduled were calculated for me based on the data on the Form 1099-B worksheet. So am I still supposed to do something here? Thanks.