Replies to post #41979 on Ariad Pharmaceuticals Inc fka ARIA

[360spyder1]

Yes, its called..... Wash Sell Rule

[Flobewan]

They can buy back, but fall under the wash rule.

http://www.investopedia.com/terms/w/washsalerule.asp

[Tinkerer]

They can buy back in whenever they want, but if they want to keep the tax loss, they have to wait 30 days.

[Johnnylightning1]

They can but can't write off their losses meaning they are screwed. This is going over 10 without any issues. This is a gift if there was ever one.