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Message: someone had a nice dump this morning,,,

What you have here are three insiders investing their personal funds.

My personal opinion is that they see these levels as a bargain basement price.

They all see this going higher - and most likey in the relatively near future.

Please correct me if I am wrong - it is my understanding that 50% of capital gains are added to Canadian taxable income and taxed at the current rate. In US, there is a lower tax on long-term capital gains (assets held at least one year) as compared to short term capital gains(assets held less than one year) which are taxed at the full current rate. So Canadiens do not have the same incentive as in US of holding an asset for at least a year before sale since the holding period does not change the tax rate - is that correct?

If so, these purchases are most encouraging. Why tie up your funds and hold this bag for the duration of a trial if there is no incentive to do so?

Chicagoest

 

 

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