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headnorthw

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headnorthw

Re: CashMoneyNY post# 14390

Sunday, 07/29/2012 12:49:44 AM

Sunday, July 29, 2012 12:49:44 AM

Post# of 23033
Cash, if you sell within 30 days you may not able to use the loss for tax calculation for the year due to the effect of wash sale rule. Of course if you feel this has no chance to make a run, then it's appropriate to get out now. Personally I'll wait and see how it play out first. Didn't the CEO said thru the email that he will put out the financials shortly? The reason he delayed the PR is that he has to take care of the quarterly report which has some new accounting rule obstacle. Either way, good luck to your next trading if you decide to quit here.
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