Friday, September 15, 2017 4:54:37 PM
I know a few shareholders who believe their stock is near worthless who make this an annual December decision. Once the new year comes, then there is little or no further consideration of a sale until either the stock has a positive reason to hold, or the end of the next year arrives.
I know two investors who have sold stock near the end of a year for the tax loss, and then waited more than 30 days to avoid the wash sale status, and then bought the stock back. Some may debate whether the buyback is wise, but then it is not our place to judge them.
As for me, I don't have any motivation to sell my shares at this time.
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