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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Tumbleweed who wrote (455)9/19/1997 3:09:00 AM
From: uu   of 1936
 
Joe:

You state:
> if you are only selling shares you have and then buying back
> later. Shorting is selling shares you dont have.

I believe you have to wait 31 days before you can buy your shares back if you are buying them back at a lower price, otherwise it is considered to be shorting (by IRS anyway). This is how I remember it was a few years ago, I am not sure if the laws have changed or not. You may want to contact your accountant.

Regards,
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