Camber Energy Inc (CEIN)

[The iron man]

It's jut when you're dealing with certain broker's representatives and they sense you're a novice, they have a confusing way to explain things to their benefit and waiting for your reaction.

The way wash sale rules was explained to me was: If you sell a portion of your position and then the stock goes down and you jump back in, which proves you had no intention to stay 30 days in the trade - it isn't abnormal that the account position shows you average up, it's to comply with IRS, blah blah blah....

Which made me jump off my chair. And then they did explain it in a more comprehensive way, meaning it's for tax purposes, but my average will not be affected. But they never mention that all losses are included in the calendar year, ect. I guess that way they can keep things confusing, but any way that wasn't my concern. As I said, I rather verify and then trust than trust blindly in this business...

Thanks again for your great input.