I'll let you in on a little secret, Duke. Actually it's not so secret: most people here know it. BBT is a stock especially designed and managed for those who need or want some capital losses for those pesky tax filings. If that includes you, here's what you do: buy a little, wait a while, sell, and presto! -- you've got a tax write-off! Works so well, you don't need worry about timing at all. The BB&T management has got it all down so well, if there were a Noble prize for tax write-offs they should get it. In their own way, they are like those two fellas in "The Producers" who design a product ("Springtime for Hitler") that's SUPPOSED to stink up the joint!
Eatmorep. I've been filing income tax forms for the past 50+ years and I have yet to figure out how I can lose money and recover it on my federal taxes. I have friends that swear they are making money from taxes by losing money up front. It is a mystery to me. Your example: Sell some stock, lose some money, write it off as capital losses and you make money. No one has ever made money by losing money. Now, you may reduce your losses, but you never make money. MO.