InvestorsHub Logo
Followers 84
Posts 7313
Boards Moderated 1
Alias Born 11/04/2016

Re: None

Wednesday, 11/20/2019 6:32:30 AM

Wednesday, November 20, 2019 6:32:30 AM

Post# of 83030
I think tax loss selling will be very different this year given how the sector has performed. I believe a lot of MJ investors have portfolios that are highly concentrated in MJ stocks. Many investors have sold their positions already as evidenced by the market performance. In the US you can offset all gains and claim $3500 in absolute loss. I don’t think there are a lot of gains to offset. If true, $3500 isn’t a major sell assuming those folks don’t already have realized losses of that amount yet. I guess we will see. Always good to have some powder in December though.