InvestorsHub Logo
Followers 114
Posts 15395
Boards Moderated 3
Alias Born 04/14/2004

Re: SAMNOTSAMUEL post# 25618

Tuesday, 11/28/2017 10:58:02 AM

Tuesday, November 28, 2017 10:58:02 AM

Post# of 50157
Also after 30 days you can rebuy and avoid the wash sale rule. So say you make $45k a year and live in IL. You bought 4k DCTHD at $2. Your 8k investment is down to $720. You sell the 8k .18. Get $720. + with fed and state taxes get 30% back. Which .6 x 4k shares. $2400 more. So now instead of $720 you got $3120. Unless you a complete moron you would sell for tax loss. And likely this is .05 in a month and with your $3120 you can buy 60,000+ shares instead of holding your 4,000 like an idiot.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent DCTH News