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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?

To: Russian Bear who wrote (11743)11/26/1997 11:58:00 AM
From: Zeuspaul  Read Replies (3) | Respond to of 32384
 
>>My question is, Does LGND count as a "substantially" different security than LGNDW, with respect to the 30-day wash rule?<<

some discussion on the topic starting here:

techstocks.com

read all of the responses thru the end of the thread.



To: Russian Bear who wrote (11743)11/26/1997 4:21:00 PM
From: Arthur Radley  Read Replies (1) | Respond to of 32384
 
Russian Bear,
You probably have received an answer by this time, but just in case I thought I should correct myself. I spoke with the legal department at Schwab and apparently selling LGND and buying LGNDW before the end of thirty days would fall under the wash sale rule. (:>)


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