.....Priority should be to getting your RRSP money out because there is no tax right off there. ...by doing this, one has to remember that this is considered income and you will pay tax on this money. Liberty shares held in a self directed rrsp on the other hand could be sold and the money would not be taxed as long as you do not remove the funds. Revenue Canada does not allow tax loss selling on monies held in SDRRSPs, but on the other hand one can accumulate gains with out paying tax indefinitely , until in which time you with draw funds and then are taxed on that amount....Since this turn of events upon us now, one should look at their portfolio and decide if you want to carry tax loss forward. Thinking out loud here, i am thinking that a lot of holders of Liberty have higher cost from here and one must ask themselves where their exit point will be..buying back in lower in an other account now ( joint, don;T WAIT 30 DAYS ) and selling your higher priced shares will give you a loss to carry forward and rest your share to this low price going forward. if you believe in fact we are going higher.On the other hand if you have gains from some other share and you want to take a loss , then you can sell and deduct this loss first ,and bring down your gain. Traps