CNBX Pharmaceuticals Inc (CNBX)

[jim992]

Thanks for the quick reply. I saw posts regarding the MJ industry a few posts down and thought maybe something regarding the industry had been released.

I figure "first of the year folks" that are in for a quick buck are selling off and after the dip we will run as we get closer to the election. 2016 is the blueprint for this particular year and any given year you can follow the rise and fall by the calendar.

I sold at a loss in December to claim it on my taxes. I waited 35 days to make sure it registered as past 30 days, and then I bought back in on the lull.

The 35 days made me an extra 765 shares for no cost except the $ 6.95 x 2 E-Trade sell and buy price to get out and back in, which was paid for out of my end of year sale proceeds.

It is illegal for a broker to do it for you because they collect a commission and it looks like they are churning sales just for commission. As an individual, it is legal and a good investment as it is like free money at the end of the year for the "loss" on your taxes and then a cheap buy-in at the beginning of the year during the lull.

As always, I am in no way a pro, and I am not giving advice, but the more years I do this, the more I like to share my story because we might as well all help each other out if the calendar is going to do the heavy lifting.

Have a great weekend and take care, Jim