Replies to post #39295 on Hemi Energy Group Inc. (fka HMGP)

[bdahl385]

YES - I do know some that are selling. With the end of the tax year fast approaching, I think it makes good tax sense to take some losses to offset other gains for the year to avoid taxes. It's prudent tax planning. I think about 98% of HMGP investors have paper losses at present so it would be advisable to take your loss and buy back 31 days later if you so choose to reestablish your position. This will get you in compliance with the "wash" sale tax rule. My 2 cents...