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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Jester who wrote (11946)5/9/1999 8:16:00 PM
From: The Osprey  Read Replies (1) | Respond to of 62348
 
I think you will find that you cannot have your cake and eat it too with respect to transferring to an RRSP and claiming a capital loss.Since the transfer would represent a contribution, the taxpayer would take advantage of the deduction.The capital loss would be the least attractive of the two.



To: Jester who wrote (11946)5/9/1999 8:59:00 PM
From: Brennan Wilkie  Read Replies (2) | Respond to of 62348
 
IPZ-V: For those of you holding this stock:

Here is my Technical Analysis on this stock (KEITH confirm please):

1) Obvious descending triangle... Looking at the price flucuations on friday, high of .54, low of .48 closing .52 (closer to the high than the low) suggests a bullish trend and possible breakout/quick gainer.

2) MACD GREEN, however the MACD histogram does not show me much

3)Good volume, lots of speculation pondering the JBIG efax tech.. NR is do, people are anxiously awaiting this

4) David Wong, Cdn Tech. Analyst from Canacord, likes this stock, he also liked MCF and look where it went (he also like ENvoy too).

Comments welcomed.



To: Jester who wrote (11946)5/9/1999 9:01:00 PM
From: John S  Read Replies (1) | Respond to of 62348
 
Capital loss on stock transferred to your RRSP

!!!! I did not know about this one !
Can we show the contribution at the purchase value ?

If you show the contribution at the transfer's date value, you loose on both, the loss deduction AND the reduced contribution's value ??

Is it the way you see it ?

John



To: Jester who wrote (11946)5/9/1999 9:01:00 PM
From: Buckey  Respond to of 62348
 
Jester - Thanks - I did not do it - I was thinkning of it and I am sure I can find the info to support your claim if I look on the rev Can website.

I did not notice it in my lloking through the IT bulletine on classifying trading BUT it likely would not have been there anyway.