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  4. Rocky Mountain High Brands, Inc. (RMHB) Message Board

Very possible! You can only claim $3500/yr in capi

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Post# of 75357
(Total Views: 496)
Posted On: 12/30/2020 9:32:53 AM
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Posted By: adirondackhi
Re: marines #66528
Very possible! You can only claim $3500/yr in capital loss last I checked, and you cannot repurchase the stock for 30 days from the time of sale or it's a wash and any loss can no longer be claimed. If the stock takes off on a bull run inside of that 30 day period, the seller will most likely lose out on the move, but how much that matters really depends on the $$ value invested. I agree that the best upside potential is with a long position. This company has tremendous potential revenue growth, and we should see proof that it's starting to climb once the financial reports are filed. Another factor that's easily overlooked is that the U.S. is getting very close to cannabis reform that will springboard a company like RMHB into a whole new and highly advantageous position in an exploding market, especially since they already have top shelf CBD infused beverages in distribution. It'll be sweet when the biggest challenge is how fast they can increase their manufacturing capacity, and it's coming!


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