InvestorsHub Logo
Followers 212
Posts 17336
Boards Moderated 1
Alias Born 03/02/2014

Re: Iggy_Bot post# 64422

Tuesday, 05/16/2023 1:33:42 PM

Tuesday, May 16, 2023 1:33:42 PM

Post# of 69579
Wash sale.

I’m pretty sure they sold at a loss now ( correct me if I’m wrong) don’t you have to wait 30 days to get the tax write off ?, if so a lot can happen in 30 days.. yes could be lower, may be back or higher then we were at the close on Friday….


https://www.schwab.com/learn/story/primer-on-wash-sales

Yes, a lot could happen within 30 days but I think some who sold were hoping a decision was imminent but the latest news was the straw that broke the camels back and they simply had enough (preferring, perhaps, to cut their losses while also, maybe, thinking the pps will tank further before the Calasse issue finally gets resolved. What, in a year or so? But who knows? We'll see.)

GLTA

Hey!! My posts are just MY OPINION(S) AND MUSINGS at the time of posting them and are subject to change, okay?