Replies to post #147037 on PCT Ltd (PCTL)

[NewGuy001]

Negative tomorrow at 1pm. 12/31. Been there done that in my time as well.

[davidsan]

Trade NOT Settlement Date for tax loss selling:

This is what I have been told. Actually, I was told it is the trade date not the settlement date that applies for the Wash Sale rule, and calendar days not business days. So perhaps I have just assumed the same applies to tax loss selling since that and wash sale so relate to one another this time of year. (Note: If it is the trade date, then Dec. 31st would be the last applicable day for tax loss selling)

I'll go ahead and post this anyway, just for the discussion. GLTA

Oh, and congrats to those who didn't listen to me recently about my concern for a drop back to the $.012 support level. Still risk, this isn't out of the woods yet, only getting back up to the natural 200dma resistance level so far, but this price rise does add some additional support around the $.015's now, if it pulls back again.

I am still concerned about the impact Covid and lockdowns are having on this company's equipment sales and installation growth rate relative to expectations, but at this moment I acknowledge the strength. Hope it holds. And hope any early 2021 news isn't a let down relative to expectations. Time will tell.