TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: Junior gold miners,.
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Dec 15, 2011 03:44PM
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M
Dec 15, 2011 04:24PM
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Dec 15, 2011 07:54PM
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Dec 15, 2011 11:15PM

Dec 15, 2011 11:18PM
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Dec 16, 2011 09:49AM
PEA
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Dec 16, 2011 02:57PM
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Dec 16, 2011 04:14PM
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Dec 16, 2011 04:59PM

Dec 17, 2011 08:24AM

Tax Loss Selling. All fine and dandy, but with a few twists. Let's assume you bought 30K shares at $ 2.70 and are selling at $ 0.70. You can report a $ 60K tax loss. You must have a lot of capital gains to put this to good use. Plus your tax bracket in the highest marginal % in order to fully utilise it. Plus we might have other paper losses with other stocks to add to this.

( Maybe not all of us are in the same boat. Did you get a severance pay from Goldman Sachs ? )

Who says that PDG is not $ 2.70 when you want to buy back ?? LOL.

Forgive me, but I do believe we can not buy puts or sell options for that matter or hedge or whatever other thin air game there is to recover too many losses.

Wishing you all a happy, healthy holiday season ( we call it Merry Christmas ), leaving for Europe to straighten their finances out, not yours.

Prost

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