For what we think this one will go and how high the SP might reach, why would you want to sell off before year end to offset past gains? I would hold and accumulate at this point. Sub 0.30 is a great price, in my eyes.
The big "What if"......... What if you sell off for you minimal tax offsets and in the same day, major news hits and you dont have to shares anymore? That would really suck.
Anyway, the sell off, for a realized short term loss to offset your previous realized short term gains = $0.00 gains/profits for the year, or minimal gains. They only reason that I would sell off an equity for a tax write-off is and only if the security is under water and will never float back up.
We all think we know that SFMI will be the creme de la creme. Also, WASH trades rules will kill you as it will realize only the gain portion and wipe out your wanted losses, if you trade in and out within 30 days. All it does is jack up the price of your current shares.
Like you said, to each their own, as to the way people like to play the market game.
I am looking LONG and want the big bucks. Greed is GOOD! I love paying long term capital gains taxes at 15%, because when I pay taxes, that means I am making money.
