Copy of a post I just made debunking nonsense from
Post# of 4419
(Total Views: 66)
Posted On: 12/11/2019 10:16:07 AM
Copy of a post I just made debunking nonsense from Searay2701.
Searay. No I don't. We have already been told what the plans are for getting the best price for the harvest. I suggest you reread the PR and other update since.
I'm perfectly happy with the performance of $EVSV over the past 3 years with multiple $5-figures banked profits in each of 2017, 2018 and 2019.
The more impatient people who decide to sell for a tax loss the better. It offers opportunities for real traders to add shares to their inventory at a variety of price points which then enables trading at all times through 2020 - as it did end-2018 through 2019.
Most amateurs who think they are going to get a tax loss don't because they don't know how to correctly interpret the "wash sale disallowed" rules.
Even if they qualified under the first part of the rule, they may not buy at any price for 30 days after the sale otherwise the tax benefit will be disallowed under the second part of the rule.
That would be a very stupid move as that takes us well into 2020 - past other well-known catalysts.
In addition of course, top traders who don't really want any more profits in 2019 (to keep their tax bill down) start running up stocks in January - particularly the ones where they added bottom level shares bought in 2019 Q4.
Finally, those that traded $EVSV successfully in 2019 - as well as 2017 and 2018 - are better off at the end of 2019 having banked another $multiple $5-figure profit and converted more shares to a "free" cost basis.
Searay. No I don't. We have already been told what the plans are for getting the best price for the harvest. I suggest you reread the PR and other update since.
I'm perfectly happy with the performance of $EVSV over the past 3 years with multiple $5-figures banked profits in each of 2017, 2018 and 2019.
The more impatient people who decide to sell for a tax loss the better. It offers opportunities for real traders to add shares to their inventory at a variety of price points which then enables trading at all times through 2020 - as it did end-2018 through 2019.
Most amateurs who think they are going to get a tax loss don't because they don't know how to correctly interpret the "wash sale disallowed" rules.
Even if they qualified under the first part of the rule, they may not buy at any price for 30 days after the sale otherwise the tax benefit will be disallowed under the second part of the rule.
That would be a very stupid move as that takes us well into 2020 - past other well-known catalysts.
In addition of course, top traders who don't really want any more profits in 2019 (to keep their tax bill down) start running up stocks in January - particularly the ones where they added bottom level shares bought in 2019 Q4.
Finally, those that traded $EVSV successfully in 2019 - as well as 2017 and 2018 - are better off at the end of 2019 having banked another $multiple $5-figure profit and converted more shares to a "free" cost basis.
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"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.