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kfcyahoo

12/31/19 11:36 AM

#279114 RE: Justfactsmam #279111

Could my wife open an account and buy in next week?
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loanranger

12/31/19 1:29 PM

#279127 RE: Justfactsmam #279111

"my post was not in response to anything you might have posted."
Exactly. That's why there's a Post New Message button...for posts that aren't intended to respond to an existing post, like yours.

Some may have found your post helpful:
"But under wash-sale rules...selling today (and wanting the loss not to be negated, through Wash-Sale Rule) would require that they NOT BUY BACK and sit out for almost the entire month of January (30 days), thereby missing the opportunity to participate in the events or news /pr released pertaining to the January trial without losing and negating their loss for 2019."

The flip side to it should be considered as well. Given what is known, what is the likelihood that something market moving will occur in January? B-OM announcement? Oral B-UC mini-test results? AlfaSigma B-UP trial activity? A new CMO?

I think it could be argued that January may be the safest month to be out of IPIX shares in a long, long time. Taking up to $3K in losses and getting back in at today's prices might not be a crazy idea.


ps. It has been some time since I personally encountered this issue and I am ASSUMING the issue is based on trade date versus settlement date.