Medinah Mining Inc. (MDHM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.0001000

0.0%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: J. Nelson who wrote (6999)	11/4/1998 9:32:00 PM
From: Joe Bilich	Read Replies (2) of 25548

on your tax selling: yes, you could sell MDIN and buy NPEC, taking the loss while retaining exposure to the play if you are concerned about missing a move in the next 31 days. From a tax perspective there is no need to sell securities with offsetting gains and losses the same day--all sales in a given tax year count the same regardless of whether on Jan 1 or Dec 31. They all count the same on your tax form (assuming no sales later became wash sales). In fact, there is little reason to ever synchronize gains and losses to the day--one is always trying to accelerate losses and defer gains. I am unfortunately pretty familiar with capturing tax losses :(

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next