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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: cvn2 who wrote (94094)4/7/2000 9:25:00 AM
From: cabby  Respond to of 108040
 
You can buy back the same stock within 30 days. But, when you do that, you have to take the loss as WASH in the previous sale and add that LOSS to the cost basis in your next purchase of the same security if you buy it back within the 30 day period.



To: cvn2 who wrote (94094)4/7/2000 9:29:00 AM
From: Rock_nj  Respond to of 108040
 
Speak to a financial advisor for a definitive answer, or do a search on the Internet. I'm sure there's some financial site out there that thoroughly explains the 30 day rule.


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