If you remember I bought 2,500 shares of IGC for a total cost of $1,006.95.
On 12/26 I sold the entire lot when it hit $1.46 per share. The total from the sale was $3,642.66. That’s a profit of $2,635.71 or 260%!!! Not bad for a few mouse clicks and less than 2 months of waiting.
The profit is considered taxable income so I will be paying taxes on the $2,635 as if it was regular income from my paycheck.
Follow this Blog!
Subscribe to receive the latest blog posts and trades by email.