Read $1236.$ Danielle is a securities dealer. She has identified a promising company and would like to buy and hold its stock for personal investment $($i$.$e$.,$ not as inventory in her securities dealership$).$ The stock is currently selling for $$30$ per share, and Danielle believes its value will climb to $$50$ per share within $18$ months. Cite the Code, and be as specific as possible in your citations.

a$.$ If Danielle buys $1,000$ shares of the stock on October $15,2015,$ may she receive capital gain treatment on the eventual sale of the stock? If so$,$ what must she do to receive this treatment?

b$.$ If Danielle subsequently redesignates the $1,000$ shares as inventory in her securities dealership and sells the $1,000$ shares for a gain, is this gain ordinary or capital?

c$.$ If Danielle subsequently redesignates the $1,000$ shares as inventory in her securities dealership and sells the $1,000$ shares for a loss, is this loss ordinary or capit