Replies to post #1255 on RedHill Biopharma Ltd (RDHL)

[Amatuer17]

If you still like the stock - use the tax loss strategy

Buy the shares at $5.40 today or lower later

This will give you loss of $4 to $6 per share - this will give you good tax losses to book against any realized gains

Then sell the shares @ $5.40 (or higher if you are lucky) after 1 month+

This allows you to keep same shares with low average and getting tax benefit