Pyrogenesis Canada Inc T.PYR

Tax loss sell off?

[SigmundsID]

It's that time of year I suppose. I would expect this to dip to around the $3 mark by the end of the month.

[Whippersnapper7]

ooooo $3.. I'm soo scared sigmunds ...you got me shakin ....lol lol. Get lost loser.. who cares! The long will prevail, like always. Grow up

[Edgetown1invest]

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[fdfd12]

That man has been more right than you have.

[StairwayTo]

Why are you guys talking about Tax loss sell off. You would sell at loss, let's say $20k to save $10k in income tax, that is if you are in the 50% braket And my understanding of capital loss, can only be apply to capital gain, which to start is only 50% taxable.  Can we have an accountant here to explain the tax implication of selling your stocks at lost, regardless of the time of the

[StairwayTo]

Correction, I should say 50% of your gain would be taxable

[itwillbeoknowok]

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[canyousayiii]

Or if you have gains on the other stocks you sold, you can take a loss on another stock even if you think it will bounce back but not in the 30-days or whatever that you need to stay away to take that loss. Someone talked about selling the stock at year end after making profits, but unless you have losses to use from other investments, you are better to take that profit at the beginning of the new