Nhra and the cash cow
NHRA 1993 tax return shows a sale of 4,485 shares of 20th Century Industries on March 25, 1993 at the sales price $147,549.00 the cost of the 4,485 shares is listed at $62.00 , yeilding a profit of $147,487.00
On April 21, 1993 NHRA sold an additonal 25,000 shares of 20th Century Industries for $761,222 at a cost of $347.00 at a profit of $760,875.00
Lets do the math 29,485 shs Sale Price $908,771
Cost $409
Profit $908,362
More later, its bed time and I have to go to work tomorrow.
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