NorthWest Biotherapeutics Inc (NWBO)

[skitahoe]

If anyone is looking to take a tax loss, but doesn't want to be out of the stock, if you have sufficient funds to do it, you can. More than 31 days prior to the years end, purchase the number of shares you wish to sell at years end at the current price. When you sell 31 days later you can designate the higher priced shares as the ones you sold and you have your loss. If you're really lucky, great news comes in while you're holding the additional shares and you may, or may not decide to sell. The point is, you're never out.

If you wait for the end of the year and simply sell then, you need to wait 31 days to repurchase if you're looking to take a loss. Clearly if the good news comes in during those 31 days you could lose more than the tax advantage you gained.

Gary