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Bullboard - Stock Discussion Forum Capital Power Corp T.CPX.P.C


Primary Symbol: T.CPX Alternate Symbol(s):  T.CPX.P.A | T.CPX.P.E | T.CPX.P.K | CPRHF | CPXWF | CPWPF

Capital Power Corporation is a growth-oriented power producer company. The Company develops, acquires, owns, and operates renewable and thermal power generation facilities and manages its related electricity and natural gas portfolios. It is involved in the operation of electrical generation facilities within Canada and in the United States. The Company has approximately 9,300 megawatts (MW) of... see more

TSX:CPX - Post Discussion

Capital Power Corp > Oversold
View:
Post by cajansurfer on May 01, 2024 11:40am

Oversold

I thought it was illegal to sell a stock and buy it back within 30 days
Comment by Yanner911 on May 01, 2024 12:02pm
Can't get the capital gain lost. Thats it
Comment by HoneyBadger77 on May 01, 2024 12:29pm
Well then I best get ready for incarceration...LOL. First of all it's not 'Illegal', what you're referring to is called the 'Superfiical Loss' rule, a rule that Canada Revenue Agency (CRA) has in place mainly to avoid people from triggerring a Capital Loss for tax purposes and then rebuying the same stock or even a similar stock within 30 days.  .i.e:  Selling ...more  
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