In 7 trading days time, the last of those who may
Post# of 1514
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Posted On: 01/23/2018 9:24:36 AM
In 7 trading days time, the last of those who may have decided to sell some / all of their $BTGI shares bought prior to Dec 31, 2017 for a tax loss - whether they were multiple 6-figure whale traders looking to reduce their 33% tax bill or those that were duped by bashers into thinking the price would go significantly below .0010 - will be eligible to buy back $BTGI within the wash sale rule without losing their tax loss.
As nobody got any significant amount of $BTGI below .0010 at any time in December, we may see increased buying in the .0011 > .0015 range by those savvy traders creating an inventory of shares at year bottom prices to trade on surges higher as and when they occur throughout the year.
That is one of the reasons there was increased buying at .0010 yesterday.
As nobody got any significant amount of $BTGI below .0010 at any time in December, we may see increased buying in the .0011 > .0015 range by those savvy traders creating an inventory of shares at year bottom prices to trade on surges higher as and when they occur throughout the year.
That is one of the reasons there was increased buying at .0010 yesterday.
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(0)Bulova Technologies Group Inc. (BTGI) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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