Replies to post #62524 on HUMBL Inc (HMBL)

[MightyX]

Haven’t groups been doing that for decades to sell to each other dropping price at will without actually losing shares to influence others outside the group to sell to members buying on the way down?

[samsamsamiam]

Absolutely not. The IRS does not allow that.
This article has useful info in it.
https://www.schwab.com/resource-center/insights/content/a-primer-on-wash-sales

As does this one:

https://smartasset.com/investing/wash-sale-rule