Ruby, this is from the LNCO MB. nasteebiker • 4 hours ago Flag
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"I sold line for a loss. I bought Linco at a lower price then line was selling for. Does this constitute a wash sale? My brokerage said they will not list it as a wash but the government might say it is a wash. To different stocks to different symbols one is an Mlp the other is not. Any thoughts?"
I believe they would be considered "Essentially the same security." Any thoughts? I did suggest he go to you for an answer. Maybe you can give him some advice (or not).
In my opinion it would be considered "Essentially the Same Security" and WOULD be considered a Wash Sale, but I am no expert. Rubythedyke might be the person best qualified to answer you.
I believe I told you the other day that I thought your decision was short-sighted. That you were passing up dollars to make a few pennies. This stock has a bright future and a LOOONG way to run.
I've put up with WAAAY more of your nonsensical posts than I ever should have, hoping that you might sometime say something useful. But your posts seem to be getting more & more detached from reality. You might consider seeking professional help. As far as I'm concerned, I'm going to do what I should have done a long time ago......IGNORE!
Tex, thanks for the heads up. Hope you & your family have a Very Merry Christmas & a Prosperous (not at my expense) and Happy New Year.
By the way Genius, did that "Broker" also tell you that MCP had been trading comfortably WELL ABOVE $5 until MCP sprung the last $5 secondary offering on us? So now you're pumping to get us back to where we were months ago. TRY FACING REALITY.
"They won't be sleeping very well tonight when they see what tomorrow brings." DID YOU REALLY JUST SAY THAT? They won't sleep well TONIGHT when they see what TOMORROW brings? And I'm sure those shorts are VERY, VERY, VERY afraid with MCP trading a few cents off their all-time low and over a week of tax loss selling left to go. Do you believe that we are as stupid as you?
This clown is a brain-dead IDIOT pumper who absolutely can't face reality while it's staring him in the face. Hopefully some day MCP will recover and thrive, but until they put together a few good earnings reports and REE prices firm up, this stock is going to continue to churn and he'll continue to spout off a bunch of wishful thinking as if the stock price is doubling daily. It's all because of Goldman Sachs and the Market Makers and even the so-called "Short Shill" who is being paid $1,000 an hour to get us to sell our shares.
You REALLY need to get a life. So this guy is getting paid $1,000/hr. to get you to sell your 50 shares?
Bob, when you set up a margin account, you sign a hypothecation agreement which authorizes the broker to loan out shares held in that account........PERIOD. You can disagree with me all you want, but those are the facts.