Elite Pharmaceuticals Inc (ELTP): The only way one sells Elite for a tax l...

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Elite Pharmaceuticals Inc (ELTP)

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Re: no2koolaid post# 304739

Tuesday, 11/27/2018 10:53:17 PM

Tuesday, November 27, 2018 10:53:17 PM

The only way one sells Elite for a tax loss is if they overplayed a huge tax gainer. In some cases those who make huge gains in other stocks forget to put a portion of profit aside for tax purposes.

That is about the only circumstance I can think of which would motivate someone to sell his/her shares.

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