General Discussion Thread, page-1161

So much for holding for a 50% cgt discount. Think this pretty much sums up all the earlier discussions. Your pretty much just punting for a profit. Sell on first up leg. If it went down your also hedged as your negative the stock so you have it all called... BUT if it goes up you'll still hold on for the cgt discount. Oh but it hit 3.1 so ill take half the profits? Mate... fatman i think you really dont have any concrete strategy or idea where you want to go. No issues if its making you money but in the long term id beg to differ.