Charge Enterprises Inc (fka CRGEQ)

[Rickych]

"You can, but I believe you have to wait 30 days after selling before buying back in."

You can buy it right back but if you dont wait theres something called a wash sale and it will disallow your lose and tac it on the end of your new purchase even if its not the same exact stock but something similar to it.




The wash sale period for any sale at a loss consists of 61 days: the day of the sale, the 30 days before the sale and the 30 days after the sale. (These are calendar days, not trading days. Count carefully!) If you want to claim your loss as a deduction, you need to avoid purchasing the same stock during the wash sale period. For a sale on March 31, the wash sale period includes all of March and April.