Replies to post #441517 on Amarin Corp Plc (AMRN)

[TastyTheElf]

Well, you could sell shares to get the 3k loss, and then offset with a tiny purchase of March 2026 options. Then you get the tax break and still have the same upside exposure.

At any rate, I would wait until the China NRDL list comes out first week of Dec. If Vascepa is on it, we should get a pop. Then you can do what you need to do pre-year-end.

[Tatsumaki]

that there are a few shares that are at such a high cost basis that it would take selling very few of them to rack up a decent loss.

If the basis is that high on those tax lots and you still want the shares... sell them, book the loss for the tax offset and buy them back after 31 days and end up with a lower average. Doubtful the SP will get close in a month. Denner does it. Why not you?

[Tseven]

There is no right or wrong to the question. It really depends on the persons circumstances. Most important is their tax bracket. What will the 3k writeoff bring you back. Second question is do you already have 3k in losses and this will just carry over another year. Personally I never let a tax decision influence my selling a Stock for a Gain or a loss. I let my rules I set when I buy the stock to guide the decision. Of course if I sell signal hit in late december for a stock with a large capital gain i would defer it to January. Hard enough knowing when tp add or sell some stock. The tax writeoff only makes it tougher.

[Lemmiwinks]

The tax loss carries over year after year so it really only matters if you have the gains this year that you would rather not have to pay taxes on next year…..say for instance if your short cash and don’t want to have to pay anything in 2026. This assumes that our tax losses go against future profits from the sale of AMRN some day at a much higher price than now. Either way it’s ok, unless none of us ever make a gain in the future….that’s the only way they go to waste.