Camber Energy Inc (CEI): If you sell shares at a loss and buy bac...

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Re: The iron man post# 2784

Friday, 07/20/2018 12:29:48 PM

Friday, July 20, 2018 12:29:48 PM

If you sell shares at a loss and buy back before 30 days it is a wash sale and you can not claim the loss.

Your broker’s software should handle this. The disallowed loss gets added to your basis.

Assuming you bought this year and sell before year end The was sale wont even be a factor.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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