Replies to post #5029 on Clean Energy Pathways, Inc. (CPWY)

[InvestForProfit13]

I am about as disappointed and frustrated with Parsons than anybody else on this board. But I think selling at these levels is foolish. We need to turn the heat up and demand answers and results. I think most of us are tired of all the fluff and lies that has been thrown at us from all the PR's. Go back and read the garbage that he has written and compare it to what has actually been accomplished. Forget about the stock price for a moment and focus on the ideas and promises that have been made. Let's see what the total number of promises are vs what he accomplished.

[Ichauway]

Spike, I guess if you knew for a fact it was going to lets say .07, then the smart thing to do would be bail out now and buy back @ .07. But we have no way of knowing how low it will go, or when we may
get news of the audit. Even signed contracts, or sales figures could send us back up. It all boils down to what is right for you. What does your gut tell you to do? Listen to your instincts.

[backinaccion22]

If you sell and buy back within 30 days you are subject to the 'wash rules'. This basically means that you cannot take the loss on next year's return. Your basis will simply be adjusted. The strategy some people do is sell in one account and buy in another. This way if it goes up substantially you don't lose out on the runup and you are able to take the loss on next year's return. Also keep in mind that even if you lose 25k overall during any particular calendar year, IRS only permits you to take a 3k loss. You can carryforward the loss to future years, and offset any future gains against the loss.