RE:TaxesIt's 2bit basher ammo. Paid bashers from the take over crew arranging a cheap take over want to panic scare investors and traders at the perfectly wrong time to crash the stock even more. They can't. It's technically at bottom for now!
If these idiots learned to trade, they wouldn't have to settle for dummy paid bashing jobs LOL
On non-registered accounts (cash, margin etc) you can claim a tax loss if you sell at a loss. But really, let's think about it. Will anyone holding this dog this low sell? Last time we saw capitulation was in January 2016 when the whole market capitulated.
And there is no tax selling on registered accounts (TFSA, RRPS, RIFs etc).
Could BTE capitulate again? I think that's what we have just seen. When both longs and shorts are desperate (on agonizing on selling and the other agonizing on the best time to buy to cover!), that's when CONTRARIANS move in. PRO CONTRARIANS! LOL
Disclaimer: I'm only here for the quick buck. The lesson for every BTE investors: Don't fall in love with dogs! They BITE! LOL