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Re: running bull post# 70184

Tuesday, 12/08/2015 9:25:44 PM

Tuesday, December 08, 2015 9:25:44 PM

Post# of 81578
Sigh, Bull it's not about picking up shares!!!

It's about getting a "free" tax write off

It's of value to those who don't have all of their marbles invested in a single losing position but have other stocks where capital gains can be offset by their CAPC losses thus limiting the capital gains tax bite on those profitable holding.

It could even be used to limit a future tax bite on CAPC.

As far as the danger of CAPC making some spectacular announcement within the next 30 days I find that unlikely. Buying the shares back after avoiding the Wash Rule period should not be a problem.

As you have indicated that your CAPC holdings are profitable, the exercise I have proposed does not apply to you; it only applies to those holding shares at a loss!

Hey, that "fire in Stewart's belly" - that's probably an ulcer.

Did you notice the number of shares traded today - Zer0!

SKUNKED AGAIN!



All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)