Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from social media, news, blogs, forums, messengers, enterprise data, and the dark Web, creating predictive analytics. Cyber Security is a deep analytics platform that captures, structures, and visualizes vast amounts of unstructured social media data, which is used as a discovery tool that allows organizations to make decisions. It offers Nexa Products, which consists of NexaSecurity and NexaSMART. Healthcare consists of Imagine Health Centres, a multidisciplinary healthcare facility, and Medi-Call, a telehealth platform. The Company also offers a mobile blockchain game, Cereal Crunch.


TSXV:DM - Post by User

Bullboard Posts
Comment by TriumphSpitSixon Nov 01, 2019 3:43am
44 Views
Post# 30295609

RE:TriumphSpitSix

RE:TriumphSpitSix
You can sell right up to Dec. 31 and take the tax deduction on capital losses. Trade date (as opposed to settlement date) governs for tax purposes.

Here's another option: You can take the tax loss AND buy back in during 2019, but to do so, you'll need to sell by the end of November and not buy back until a full 30 days have passed to avoid violating the "wash" sale rules.

You could also avoid a wash sale by buying additional shares now, then waiting 30 days to sell the older shares you already hold at a loss. Of course, you'll have to keep track of how many shares you have now, how many shares you buy, and sell for tax loss only the older ones using a FIFO (first in, first out) conditional sell order.

For me it's a one-way street as I think this company is going t!ts up, so will be selling in late December... and avoiding any companies these management miscreants worm their way into in the future.

Good luck to you.
Bullboard Posts