TSX:STB.DB.A - Post by User
Comment by
ffhwatcher3on Dec 10, 2015 1:01pm
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Post# 24373592
RE:RE:RE:RE:buyback on up to dec 4 to dec 8
RE:RE:RE:RE:buyback on up to dec 4 to dec 8rehsifylf wrote: ... Anyone that sells is subject to having to wait 30 days to repurchase. If the stock recovers after the selling, you have locked in the losses and either have to find something else to invest in or buy back at a higher price. ....
What country are you in? That is not the case in Canada which is where the majority of the investor base for STB is. I can sell it and buy it back seconds later. There are tax ramifications (ie. I believe it would not be considered a disposition but that is mostly irrelevant as almost no one has cap gains on this stock.