Replies to post #95303 on Titan Medical Inc (TMDIF)

[Honeycomb777]

Surely don't take this advice:

https://www.barchart.com/stocks/quotes/TMDI/opinion


Note in a wash sale situation folks - you don't really loose the loss as your cost basis is adjusted accordingly. FACT

"Under the wash-sale rules, if you sell stock for a loss and buy it back within 30 days before or after the loss-sale date, the loss cannot be immediately claimed for tax purposes. ... Although the loss can't be claimed on a wash sale, the disallowed amount is added to the cost of the repurchased stock."