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Re: yelmight post# 15328

Friday, 01/07/2005 9:19:25 AM

Friday, January 07, 2005 9:19:25 AM

Post# of 341664
O.K. iTS SCMI's time to shine....within the next 30 days...........


Tax loss selling will not be over for stocks untill thirty days have expired. A "wash sale", will exists if it is done any sooner, so sales to obtain the tax loss for 2004 were made on December 7, then January 8th they could buy back scmi and have a new lower cost basis.


sorry for the loss, but look back at why you purchased this stock, and buy again...