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the big guy

09/20/08 1:08 AM

#18000 RE: Netman #17998

I know Netman. We have the same rule here in Canada. It is termed a .. Superficial Loss. I would assume the investor would take that into account. My feeling would be to simply sell it for the cash flow, accept the loss and hope to be able to buy it back, accepting that you may not be able to and realizing you have to wait 30 days.

Anyway, glad you can see all sides of it