GREY:XEBEQ - Post by User
Post by
tamaracktopon Dec 24, 2021 4:00pm
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Post# 34261614
Excellent
ExcellentThe VWAP today was $2.4749, two-and-a-half cents below the close and Twelve-and a half cents above the open.
Very good.
Now, if there's anyone who sold the week of November 22-26th for tax loss purpposes, when Xebec traded in the $2.80-$3.05 range, they can buy their shares back next Wednesday without triggering the superficial-loss rule.
After today, I would think they probably consider it.
There's only one more day to take a capital loss.
99% of tax-trading is done.
And if there are shorts that want to cover, if they wait just one day more and cover next Thurday instead of next Wednesday, they defer their capital gains tax by a year.
Next week will be a perfect storm