RE:If any posters here are concerned with Yup, correct, Canadian Tax loss write-offs aren't bad at all so it's an option. You can call your accountant to find out more. If you are completely lost etc, no idea how to set targets, ran out of patience, no money to avg down etc etc, then try posting your shares for sale at your cost while you investigate things and maybe your sell order will fill while you are look into things. There are traders on the stock that would be interested in shares at a price much higher than recent highs so your price may just hit.
Once you get your options figured out you may opt to sell at something of a loss but try to be sure to understand the tax benefits / drawbacks etc before doing that.
GLTA
Q
Long (er than you) on HEXO :)
Spectra7 wrote:
the direction SSL and Hexo is going, might I suggest that you cut your losses and simply sell all or part of your position. For those that have all the information posted day after day after day...sell. Contrary to some Hexo thread regulars, it is NOT a bad decision to sell @ a loss if you have lost confidence in yourself or management. Canadian tax laws are somewhat generous with investment " tax loss" strategies. Please contact your account professional for advice. In the meantime, can you stop posting all your FLUCKING CRY-BABY posts...be it positive or negative. Thanks, Merci. S7