Datametrex AI Ltd V.DM

Alternate Symbol(s): DTMXF

Technology Information Technology Services

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and the dark Web, creating predictive analytics. Cyber Security is a deep analytics platform that captures, structures, and visualizes vast amounts of unstructured social media data, which is used as a discovery tool that allows organizations to make decisions. It offers Nexa Products, which consists of NexaSecurity and NexaSMART. Healthcare consists of Imagine Health Centres, a multidisciplinary healthcare facility, and Medi-Call, a telehealth platform. The Company also offers a mobile blockchain game, Cereal Crunch.

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Datametrex AI Ltd > Low Volume = Retail selling for end of year tax loss

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Comment by Resilience19on Dec 20, 2021 9:28pm

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Post# 34248990

RE:RE:RE:RE:RE:RE:Low Volume = Retail selling for end of year tax loss

Thanks. Wasn't aware of that..Either way, if you sell out of a non-registered account to put it in a registered account, you can manage to win. TFSA you save by not paying capitals gains, RESP your kids get a 30% government grant and RRSP you get an income tax deduction.

Investor10X wrote:
Resilience19 wrote: One option is to sell, get the tsx loss and buy back DM but for your spouse and or kids accounts (TFSA, RRSP, RESP). Granted, some people have very siloed finances, but for those who manage through more of a family wealth approach, this offers s few more options.

Investor10X wrote:

Yeehaw1 wrote:

Kensin1954 wrote: If you sell on December 21/2021 when can you buy it back in 2022?

JMHO

someone selling now can buy anytime in 2022 but of course it wont be this price though.

If you are selling for a tax loss than you can't buy back stock in DM for 30 days or you will end up with a superfical tax loss and your tax loss will be nullified.

The superficial tax loss rule also applies if shares are repurchased within 30 days by an "affiliated person" including your spouse of partner.