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Bullboard - Stock Discussion Forum PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore... see more

TSX:PYR - Post Discussion

PyroGenesis Inc > Seconds left to do it, in the big picture
View:
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 11:12am
Then you are a bigger fool then I have imagined... No willing to put any money on what your big mouth as been saying says a lot about your personality.. According to some ou your biggest fans here, you have been right of the direction of travel of this stock for a long time... I imagine that this represents a heck of a lot of money you left on the table... I would venture to guess maybe ...more  
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.
Comment by Toppert1 on Dec 28, 2024 1:15am