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Re: Bio_pete post# 211180

Monday, 08/26/2019 10:26:53 PM

Monday, August 26, 2019 10:26:53 PM

Post# of 429245
Doesn’t the fact that it’s only August figure into shorting for tax purposes?

Per Investopedia, A "short sell against the box" is also known as "shorting against the box." Sellers use this technique when they do not actually want to close out their position on a stock. The strategy is generally used by investors who believe the stock is due for a fall in price, but do not wish to sell because they believe the fall is temporary and the stock will rebound quickly.

Nevertheless it’s a short position in anticipation of a loss, not to neutralize gains for tax purposes, according to this definition.

Just bringing this up objectively because I don’t know anything about it. I just looked it up and want to understand
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