Post by
Toppert1 on Dec 27, 2024 1:21am
Seconds left to do it, in the big picture
Sell this and take the loss in 2024.
Carry the loss back two years against prior taxable gains and get a refund in April, or carry the loss forward indefinitely to claim against taxable capital gains in the future.
Buy it back in January at a price higher, or lower, or the same as you sold, If You Decide to in 30 days, or don't.
Either way, you're starting all over with a tax "credit" in your pocket.
Regardless of if you buy this back, or you buy something else.
Comment by
Toppert1 on Dec 27, 2024 1:27am
PS. I am not short this stock. I have never had a short position in PyroGenesis.
Comment by
Marseille11 on Dec 27, 2024 11:05am
Giving trading and tax advices now... Are you registered to do that?
Comment by
Toppert1 on Dec 27, 2024 11:14am
I was indeed for 30 years, but retired now. You don't have to be "registered" for anything to comment on this board, obviously. It's a shame actually. A damn shame is what it is.