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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Marky1on Dec 02, 2016 8:35pm
63 Views
Post# 25549566

RE:RE:analysis

RE:RE:analysisS2...it will eventually get up in the teens but it will take time...What I recommend is to look at your capital gains for the year....let's say for example your gains from other stocks or real estate etc is  an amount of $50 000....... Then you should sell enough Cxr stock to realize a capital loss of $50 000..this essentially wipes out your cap.gains tax and you save about $12 500 in taxes! After 31 days   rebuy the same amount of shares that you had sold ......so Cxr is actually making you money...A second plus is that when you rebuy the stock at a much lower price than your original cost ($22 average) you will bring down your cost average to a lower and manageable level!!    Please remember you must not rebuy before 31 days or revenue Canada will disallow your capital loss...GLTA
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