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Bullboard - Stock Discussion Forum Antibe Therapeutics Inc(Pre-Merger) ATBPF

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug,... see more

GREY:ATBPF - Post Discussion

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Post by MasterAlgae on Jul 14, 2021 1:51pm

Tax loss

Let's say you paid $6.00 for this, or $5 or $4... There is a tax loss advantage right now! - Lol.

If you sold now, or last week, or last month, etcetera then you have your tax loss!
 
If you are still inclined to believe that there will be a positive catalyst at the end of summer or later then you buy back after a minimum of 30 days. You've just harvested a tax loss that can be used against any capital gains!
 
I think that there are very few punters need to wait to lock in a tax loss with Antibe!
Comment by Layth1990 on Jul 14, 2021 2:04pm
I don't think this will work for tfsa and rrsp.
Comment by MasterAlgae on Jul 14, 2021 2:09pm
Nope.
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