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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (36137)12/31/1999 10:54:00 AM
From: Matrix_Man  Read Replies (1) | Respond to of 93625
 
Thanks Zeev, that is one scenario I hadn't thought of. Well, we'll just have to wait and see.

But, if I have a net capital loss on the year, what's my benefit in taking the gain now, since I can carry the loss over to next year. Having a loss won't cause me to pay more taxes. OTOH, if I have a gain, I want to take my loss to offset it and reduce my tax burden.

This makes my head hurt. I think I will just put in a tight trailing stop loss for next week.

<edit> If the shorts thought it would drop come Monday, then why on earth would they be buying today. Also, considering the volume, there can't be very many shorts covering.