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Old 01-08-2014, 03:36 PM
  #1  
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Default Question for Eagle BK stock holders?

I checked out my computershare account this evening and I am a little concerned. The trade down/trade up happened today and I have lost mega value.

Does anyone know what is going on with this?
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Old 01-08-2014, 03:43 PM
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I talked to my financial planner and he told me to sell it ASAP. I sold as soon as we got it and invested elsewhere.
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Old 01-08-2014, 03:51 PM
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I sold mine the moment I got it. Get rid of it asap. I sold and put in my own acct, bought stock and made more. About 2 weeks ago AA was trying to pump up the stock and it did not budge.
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Old 01-08-2014, 05:24 PM
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Originally Posted by ftrflyboy View Post
I checked out my computershare account this evening and I am a little concerned. The trade down/trade up happened today and I have lost mega value.

Does anyone know what is going on with this?
25% was transfered to common stock. it will appear in your account within 3 business days. So your mega value is the 25%. Check ur AA email.
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Old 01-08-2014, 06:59 PM
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Anyway to avoid income taxes? My payout was only $430. So isn't it true that if it is less than $600 there is no tax? If I am taxed, can I roll it into a traditional or Roth IRA fund and not get taxed? Thanks in advanced!
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Old 01-08-2014, 07:22 PM
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Originally Posted by bgmann View Post
Anyway to avoid income taxes? My payout was only $430. So isn't it true that if it is less than $600 there is no tax? If I am taxed, can I roll it into a traditional or Roth IRA fund and not get taxed? Thanks in advanced!
Obama gets his cut whether you like it or not. I think it's considered a capital gain but I'm no accountant so I'm not sure.
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Old 01-09-2014, 03:02 AM
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Originally Posted by bgmann View Post
Anyway to avoid income taxes? My payout was only $430. So isn't it true that if it is less than $600 there is no tax? If I am taxed, can I roll it into a traditional or Roth IRA fund and not get taxed? Thanks in advanced!
You'll pay capital gain tax on it.
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