Tax law is the answer and the faster you learn that a $1.00
tax write off is a dollar in your pocket.
Ask an accountant.
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Why would one sell for a loss and then “get back in”?
Why not average down and leverage the low price to get you to a place that allows you to not realize the initial loss?
IMO the only time you sell for a loss is to offset capital gains. But, if this is the only stocks you invest in, you don’t have that option. Diversification is key
And- if you “know” it is going “down down down until Q3”, why not take that info to hedge against potential losses (high cost lots)
I guess to each their own but I dont understand the thinking
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