clrodrick - I tried to post a reply on May 3rd but was unable to because of Yahoo. Today was the first for some reason. I am NO tax expert but I do my own taxes and have for years and I can't imagine you NOT being able to claim any losses from any gains. My answer to booth questions is YES you can. I would contact your
brokerage firm and ask them how they will report it to the IRS? That it's self should give you the answer.
Ordinary income is ordinary income. I think the reason you can't find the definitive answer is because YOU
can. - W.E.J.
cirodrick - I held all my shares of DHT as I have been saying I want to see the 1st Qtr report. I am going to hold longer as I believe there will be even better days ahead. I am still holding NVGS - GASS - DHT - EURN - NNA. Did sell some EURN at the peak. I really believe the low oil prices will help the shippers over the next 12 - 18 months.
clrodrick - It sounds like you like NSAM and maybe I should buy. Would you say anything under $20 is a good entry? Thanks. W.E.J.
clrodrick - Do you own or ever held NSM ?? If so what is your thoughts? I bought a couple weeks ago cost basis 24.20 ? I usually don't buy non paying divvy. stocks. - W.E.J.
clrodrick - They are going higher. Like I said before I want to see the next QTR reports. NNA is dragging a little. NVGS is starting to move higher and should go much higher from present price. It they would announce a divvy. it could pop. - W.E.J.
I am still holding NVGS - NNA - GASS - DHT all in the green and yeah a little disappointed with DHT. I want to see our next earnings report. These low fuel prices should start showing up - however a lot of company's hedge fuel prices out for a year. Two of these 4nat least pay a divvy. -- W.E.J.
I sold some EURN today at 12.97. I will sit on the remainder as the shippers appear to be moving higher. The next QTR. report should be interesting. - W.E.J.
Sorry - I didn't mean today. But this could drag out at least a week. I AGREE HFC is oversold today however if IRAN can dump oil on the market that crude spread will change drastically - W.E.J.
thewisejman - If the oil spigot opens in IRAN it could get very UGLY and the oil stock lows can get VERY low. Could get scary to think 20% lower than what you are showing. Like most BUBBLES I am not convinced we will see oil stock prices where they were before least for a long time. - W.E.J.