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Re: conix post# 2664

Monday, 12/21/2015 7:37:55 PM

Monday, December 21, 2015 7:37:55 PM

Post# of 3534
Yes, you are correct..

Tax loss selling is officially over on Dec 31 for those who just want to get out and wash their hands of STWS

However, any STWS investor who wanted to take a tax loss for the current year AND wait out the 30 day Wash Rule AND then be able to buy back shares, would have sold in late November or early December SO they could have been in a POSITION to BUY back their shares before the beginning of the new TAX year on Jan 4th.

As we saw, the selling and the collapse in the pps beagn in the later part of November and the early part of December.

So as balcksnake1 says.."Get all the shares before the first real trading, January 4 2016!" Anyone trying to take a tax loss NOW would miss out.

That why I said Tax loss selling is basically over.

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