Showing posts with label The Wall Street Journal. Show all posts
Showing posts with label The Wall Street Journal. Show all posts

Wednesday, July 22, 2015

Suretrader, The Best Option For Penny Stock Short Trading

English: Schematic representation of short sel...
English: Schematic representation of short selling in the two steps. Deutsch: Schematische Darstellung des Leerverkaufs bei Wertpapieren (short-selling) EspaƱol: La imagen representa una venta corta en dos pasos. (Photo credit: Wikipedia)
Introducing Suretrader, your best Option for Penny Stock Short Trading

A company based in the Bahamas and that uses clearing firms in the US, SureTrader offers many advantages to investors, a point that was highlighted by the company's CEO on Friday's LiveStock on Demand. So, what are those advantages?

For a start, a SureTrader client is not affected by the restrictions of the Pattern Day Trader Rule. Clients can trade in a manner that suits them, without restrictions such as being confined to three day trades in any five day rolling period.

Another benefit is that a client can trade without a high minimum threshold, such as $25k, in his account.

An additional advantage for the client is that he can open an account with SureTrader for as little as $2000, much less that many other companies require.

Brokers are aware of the increasing demand for short-sales. In SureTrader, the CEO, Guy Gentile, is determined to make the company the one stop shop for short sales.

A great boon for clients is that SureTrader charges only $4.95 per trade for trades up to 1000 shares, much less than most of our competitors.

An overwhelming advantage for our clients is that, in dealing with an offshore company, the tedious and bureaucratic procedures required in the US are sidestepped.

Wherever an international trader might be located, SureTrader is more than willing to be of service and to bring its many advantages to your trading.

To get you started, feel free to use my name as a referral. You won't regret it as you will see the many benefits coming your way very soon.

Tuesday, June 30, 2015

Google's Tax Avoidance Move

Google Appliance as shown at RSA Expo 2008 in ...
Google Appliance as shown at RSA Expo 2008 in San Francisco. It was only a computer case with no parts inside.-Daniel A (Photo credit: Wikipedia)
Bermuda has no corporate income tax, and one of the companies that has most recently benefited from this is Google. The company moved around $10 billion on profits to the small island country, and managed to avoid around $2 billion in income tax.

Both the US and the UK government have frowned upon this method of tax avoidance, perhaps because both countries are fighting huge deficits at the moment. A recent move which may go some way towards dealing with these tax avoidance measures is one by the European Union to blacklist certain tax havens, and to promote anti abuse rules.

Most European governments disapprove of the tax avoidance strategy that Google and other companies have adopted, according to Richard Murphy, of UK based Tax Research LLP. He went on to say that either services will need to be scaled back, or other taxpayers will somehow have to pay more to compensate for Google's non payment of their taxes.

On the other hand, Google points out that it has invested in several European countries with great success, and that it is complying with all the tax laws. In addition, Google has invested heavily in east London tech companies and currently has around 2,000 employees in the UK.

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