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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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<p>[QUOTE="Anonymous, post: 5209534"]Well, that sums up the reason why taking advice from this website is worthless. </p><p>You don't get to hold onto them. Once the company is sold, so are your shares. You don't actually currently own them, they are essentially being held for you as a restricted stock until the company sells. Then you get to value of the sold stock, minus the initial purchase price and pay a short gains tax.</p><p>The only way around this is to pay cash for the stock and buy it from Entellus at the assumed asking price. Hold on to it for 366 days and sell it after the company sells. But, you usually don't get to keep the stock unless sometimes you're at an executive level. So, if it sells in less than 366 days, you get full value and still pay short gains tax. </p><p>So, my advice to you Mad Money, is your advice to me, difference is I know what I'm talking about-- Learn how taxes work. Also, take a few minutes to learn how stock works. </p><p>Hopefully you're not one of the 'real talent' reps sticking around.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 5209534"]Well, that sums up the reason why taking advice from this website is worthless. You don't get to hold onto them. Once the company is sold, so are your shares. You don't actually currently own them, they are essentially being held for you as a restricted stock until the company sells. Then you get to value of the sold stock, minus the initial purchase price and pay a short gains tax. The only way around this is to pay cash for the stock and buy it from Entellus at the assumed asking price. Hold on to it for 366 days and sell it after the company sells. But, you usually don't get to keep the stock unless sometimes you're at an executive level. So, if it sells in less than 366 days, you get full value and still pay short gains tax. So, my advice to you Mad Money, is your advice to me, difference is I know what I'm talking about-- Learn how taxes work. Also, take a few minutes to learn how stock works. Hopefully you're not one of the 'real talent' reps sticking around.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Medical Equipment/Device Sales
>
Entellus Medical
>
Entellus Medical-ENT?
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Medical Equipment/Device Sales
>
Entellus Medical
>
Entellus Medical-ENT?
>