GREY:XEBEQ - Post by User
Post by
Resilience19on May 13, 2021 3:15pm
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Post# 33196406
XBC retail investor strategy
XBC retail investor strategy
One strategy that may work for XBC retail investors holding XBC in non-registered accounts, if they expect the so not to rise - or only rise modestly - would be to sell at current sp, thereby locking in a capital gains loss (if purchased a a higher sp than now) and to buy back in 30+ days. As such, any future capital gains could then be deducted against the loss. The risk is that XBC's sp could rise and that those having sold will have to buy back at a higher price but its a risk/reward approach that needs to be assessed on a case-by-case basis. Thoughts welcome.