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Post# of 194926
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nsomniyak

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Re: Boomer406 post# 128630

Friday, 12/30/2022 2:44:10 PM

Friday, December 30, 2022 2:44:10 PM

Post# of 194926
On the flip side, any shorts sitting on a gain have all the reason in the world to keep the price down through EOY, then cover next week - they would then have until April 2024 to pay taxes on their gains.

Either a short figures it will go down even further from here (possible, but less likely than the fall from 13 to 4+) or they don't. If they don't, turning the calendar to 2023 provides the best window for closing those shorts in a tax-efficient way.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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