Don't forget, they anticipate the end of December
Post# of 75011
Posted On: 12/01/2016 12:56:39 PM
Don't forget, they anticipate the end of December for a wrap. If you're out when they drop that "bombshell", you might not gain nearly enough in capital loss write off to justify missing out on the nice gains you could've had from a nice jump in PPS resulting from the news.
It would be a gamble for sure, and obviously it would at least partially depend on how far in the red someone was, but the IRS says you can't get back in for 30 days after selling if you want to claim the loss. Keep that in mind, also because they could surprise us with a hot PR on some other topic before then.
It would be a gamble for sure, and obviously it would at least partially depend on how far in the red someone was, but the IRS says you can't get back in for 30 days after selling if you want to claim the loss. Keep that in mind, also because they could surprise us with a hot PR on some other topic before then.
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