Replies to post #192232 on Minerco Inc (fka MINE)

[JToews19]

You guys should just double check on if that would qualify as a wash sale if you're looking to sell and buy back quickly. I'm weighing my options similarly.

[jimmc]

I believe you can't buy back in for a month to claim the loss

[Step-by-Step]

Its a lovely thought but it doesnt work that way. I think its a 30 day wait to get the dynamic you describe.

[staynafloat]

Coach I believe if you buy back before 30 day's it is considered a wash sale ... that means you will not be able to claim the loses. You will have to wait over 30 days before you by back in :)

I learned the hard way :)

$MINE$$

float :)