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Honeycomb777

07/10/21 10:14 PM

#129648 RE: RockoTaco #129643

Well - one thing we sort of agree upon is we will know based on TTLLF volume. 9/20 isn't going to change and the timing of this idea suggests that 7/15 is the latest one would want to do that - buy TTLLF as a type of cheap hedge.

Common shares then get sold around 8/16 and then bought back around 9/17 - just before 9/20. (18th and 19th of Sept. is a weekend BTW)

31 days prior - day of - 31 days after definitely keeps ya safe and wash sales do not apply. Fresh powder is needed and not all that much IMO

See - I'm thinking most will want to take a tax loss / harvest it if you will but are nervous about an early BO hitting and missing out entirely. Perhaps we think differently. I fully expect TTLLF to expire worthless. Great job Mc !! Give yourself a nice award now

** Taco you have NO IDEA what a hedge means or for that matter, the importance of realizing a capital loss in a volatile tax year. GLTY

Question - for your next spin...are you going to profess that nobody chooses the FIFO Method of Tax lots/accounting ?