OTCPK:MEAOD - Post by User
Comment by
gahdcon Jun 21, 2011 7:15pm
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Post# 18747017
RE: Selling And Buying back Later.
RE: Selling And Buying back Later.The "wash sale" rule for taxes says that you can not buy a stock back within 30 days if you want to deduct a loss. Google "Wash sale" and you will find plenty of tax sites on the subject. I have another question for you; what happens if this stock is over 0.60 within 2-3 months, would it have been better to just hold on? With a 30,000+ m drill program under way at Bachelor Lake and Barry, there is lot's of room for good news on drill results and increased reserves.