Ianthus Capital Holdings Inc C.IAN

Tax Loss Selling is just around the corner

[wyndewest]

I wonder how IAN will hold up with that pressure.....

[Chambokl]

To sell for tax loss you need a tax profit. If people are invested mostly in Cannabis . . . no worries about tax lost. Also, it is necessary means they would sell their IAN to cover some tax profit . . . could be another Cannabis company. So at the end . . . I don't see much pressure for IAN.

[EEnsight]

Tax profits (capital gains) this year, ha now that's funny  

[DONTGETFooled]

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[MeAndMyTwoCents]

You have overlooked the fact that tax losses can be carried forward and used in future years. If you have an opportunity to lock in a tax loss, it's usually wise. That said, I suspect a lot of tax loss selling has already been done. 

[Stockemups]

Also, if you think you can sell and re buy the stock the next day and get a tax loss your wrong. You must wait 30 days to re purchase I believe and in 30 days iAnthus could go up 2-3 bucks. This is a Canadian law.

[MeAndMyTwoCents]

Correct. That's why I think the tax loss selling has largely been done already on the cannabis stocks. 

[MakesSenseDsnti]

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[MakesSenseDsnti]

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[Dlryguy]

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[TelegramMail]

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[Stockemups]

I bet you are wondering SHORT F_CK!

[DONTGETFooled]

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