Post by
BSdetector2016 on Dec 07, 2023 1:46pm
Classic tax-loss basket case
It doesn't matter what they say or do; this one will get sold-off until the last tax day, which is December 27th. Another 3 weeks of bleed-down coming your way.
Comment by
ace1mccoy on Dec 07, 2023 2:23pm
Welcome to the EXRO board BSdetector2016. It's nice to run across you again from other Stockhouse boards that we both own. Just a heads up , It can get messy at times. Nothing you don't already know. Enjoy your time here.GLTA Ace
Comment by
Swindlesheets on Dec 07, 2023 2:42pm
Ace-I have also heard that most tax loss selling is over by Nov. so that people can raise cash to buy other wanted stocks that have been sold off for tax and other reasons.
Comment by
Swindlesheets on Dec 07, 2023 2:50pm
And, I got clobbered by PLUG and sold half so I could buy 4X the amount in EXRO STOCK that I have been buying at this level just to illustrate the trading strategy. I'm willing to bet that PLUG recovers over the next year and is expect good performance from EXRO 2024.
Comment by
ace1mccoy on Dec 07, 2023 3:09pm
Tax-loss harvesting - For myself , I look at cleaning and disposing of the dogs out of my margin portfolio early . Dispose of in Oct and accounting for the 30 day buy back period being buy back in mid-late November . Thus being able to take advantage of a rally Dec /Jan should it happen in the particular stock. But who the hell am I.
Comment by
TeamEddie on Dec 07, 2023 10:05pm
so you are kind of like a super hero who goes around trying to save people on BBs wow