RE:RE:RE:RE:RE:RE:RE:RE:RE:Message to the BullsResilience19 wrote: It all depends where you hail from, so youe probably best to seek advice from a financial planner.
If living in Canada, you should be aware that you can declare a capital gains/loss that can be carried forward - so a strong benefit if managed correctly (i.e. if you bought shares at 0.20 that are now 0.08, you can sell these, declare a loss of 0.12/share and sometime down the road use this loss against any future gains).
This said, you can only buy back the stock you sold beyond 30 days, otherwise it not considered a loss.
Where it gets tricky is, if you plan on buying back and that the sp increases in the meantime (i.e. passes from 0.08 to 0.24) you'll have missed the train...
Although capital loss can be captured any time in the year, many people wait until December before doing so. This, accordingly, tends to put some measure of downward pressure on sp.
As I said, the best is for you to consult a financial planner but it may be a good opportunity for those unhappy about DM to move on. Hint, hint.
Iamapothead wrote: Resilience19 wrote: Guy's, your both in luck. You still have a month to sell for tax loss and buy back in 30 days and/or buy anything else between now and then. Win-win solution, unless DM ends up leaving the sub-0.10 zone beforehand.
Iamapothead wrote: kumsalo wrote: A quick Google search reveals this: Datametrex AI (TSXV:DM) appoints new president of Nexalogy https://themarketherald.ca › datametrex-appoints-new-p...
Nov 2, 2022 — Marshall Gunter, CEO of Datametrex, commented on the appointment. ... As per MG, Q3 is going to be life changing.
Thanks for your efforts kumsalo. Your a better person than me, I wouldn't have wasted my time responding.
Now we have to suffer through some lame explanation about how that isn't what Marshall meant or how sometimes (with Dm its every time) things happen slower than we hoped.
Most importantly stocksfordayz get to completely ignore the part about the uplist.
Ah the life of a pumper.....ignore the facts and focus on I hope, I believe, I think, do your own DD etc (Marshall's favorite word by the way?
How would selling help with my tax planning?
Here is a hint hint for you. There is no potential tax loss for me with DM. Here is a thought: You make your own investment decisions and I will make mine.
If I choose to hold my share and continue to question the obvious challenges with communication here then that is what I will do.
If you prefer to bury your head in the sand and pretend that everything is well I suggest you stay away from social media, investors groups and any venue that experienced investors frequent.