Post by
newcoin on Dec 29, 2020 11:33am
Definitely Tax Loss Selling Today
There were a lot of shares purchased above these prices.
TAAT momentum has slowed for the moment.
Incentive to get out today. Claim a 2020 tax loss and buy someting going up today.
It all makes sense if the situation fits you.
The problem is the crying will start when TAAT is over $3.00 next week.
Comment by
Bigstacks on Dec 29, 2020 11:40am
Ya that's how I see it. then it will be a race to get back in. 30 day grace period befor you can rebuy. Should be sitting pretty buy the end on January.
Comment by
Differenza on Dec 29, 2020 11:43am
Is that true that you have a 30 day period before you can rebuy? Is that the case in the US and Canada?
Comment by
Frogzilla on Dec 29, 2020 11:49am
This post has been removed in accordance with Community Policy
Comment by
Bigstacks on Dec 29, 2020 11:51am
Yes as far as I am aware , if you claim a tax loss on any security you must wait 30 days from the day of filing befor you can rebuy the same security otherwise they just deem it as a poor trade on your end and your capital loss claim will be void.
Comment by
Bigstacks on Dec 29, 2020 11:54am
We've had to high runs into the 4$ range. This is do or die day for claims. but anyone making a claim runs the risk of taat having big news and the share price rockets. January will be interesting. hoping for steady upward movement as people jump back in the boat.
Comment by
Happytaater202 on Dec 29, 2020 12:22pm
I think TaaT SP is gonna be a long steady growth for MANY years to come with lots of dips in between for ppl too enter or add to their positions, I dint think it will skyrocket unless the sales are PHENOMENAL maybe then, but it has a long runway of steady growth in the future!
Comment by
Happytaater202 on Dec 29, 2020 11:41am
I was fortunate unuf to get in at .80cents so I did okay an made some cash...This could be a great entry point again!!!!
Comment by
abecedarians on Dec 29, 2020 2:14pm
Exactly what I did today...taking a big hit. Tomorrow will be a nice green day, I guarantee it!
Comment by
Bigstacks on Dec 29, 2020 2:23pm
So your taking a hit with a tax loss claim ? Then plan to rebuy tomorrow ? sorry if I'm reading that wrong but If that's your game plan you might want to look into the regulations. can't buy the same security until 30 days after your file the claim.