Replies to post #4724 on Universal Bioenergy Inc. (fka UBRG)

[NBack711]

I thought the same for a long time.

Cash accounts are exempt.

Another thing is the WASH rule does not apply if you delete your position before the next tax year and stay out of the stock for 30 days.

So, taxable accounts, non 401/IRA accounts, are perfectly flexible as long as you eliminate a stock from your account over the end of the year to the 1st of February the next year.

Those two thing were one's I never got.
Nice of you to say that about Cash Accounts. Good Catch.
NBack711