GREY:MMNFQ - Post by User
Comment by
Gaboraon Nov 30, 2019 8:49am
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Post# 30408456
RE:RE:RE:RE:4 Million and 29% Up today Wow
RE:RE:RE:RE:4 Million and 29% Up today Wow
Good job. At that price, it was good idea to average down. Lot of selling pressure on the whole sector. Question is who is going to survive. I like their chances.
Word of caution.
Dont't put all your coin on one horse. Spread it around. Lot of buying opportunites out there.
Note:
Your comment: Tax loss sellers cannot buy back in for 30 days.
In order to claim a capitol loss, when you sell the stock you must wait 30 or 31 day's before buying it back. But, you can still buy it back anytime. It's just that it would not be elible for a capital tax loss. You have wait the 30 day's. That applies to CASH only accounts.
As retail investors like my self. It's usualy the RRSP or TFSA accounts that I use (don't use the cash account that often). Gains or looses don't apply in those accounts, that is in the governments eyes. You can still loose money, so be careful.
GLE
If it is a cash acccount, then you must keep track