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Post# of 799384
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Job29

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Job29

Re: Angelmin post# 648168

Wednesday, 12/02/2020 10:01:42 AM

Wednesday, December 02, 2020 10:01:42 AM

Post# of 799384
But won’t those same shorties get hurt with Short Term Cap Gains taxes? What’s the point of shorting if you have to deal with a 25% penalty every single time? Not to mention, any sales they make with a loss and buyback within 30 days is treated as a Wash Sale? I personally would just be concerned about running up a massive tax bill.
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