What Is Elio Stock Trading For Today?

[Officespaced]

Are you going to buy it back in 30 days at the lower price?

I haven't sold. There's no incentive to sell and then buy back, the money would balance out.

 

[Officespaced]

I don't get it Samalross, Except for August, Elio stock has only a handful of days with over 10k stocks traded, all year. Could it be, the few stock available are being horded by folks like me? Instead of buying another pretty little dress, I am buying a few more stocks from those people needing tax credits? Their need is greater than mine, therefore the prices keep dropping. Besides that, Under 10k elio stocks being traded is normal. Why be worried more now?

Tax credit? There's is no Tax Credit for Capital Gains or Losses. They are treated completely separate and distinct from your deductions, be it standardized or itemized. If you sell, it's either a Capital Gain or Loss. The tax rate applied is either Short Term < Year or Long Term >= a Year. The new tax bill affects nothing in this matter, besides, it's for 2018+, not this tax year.

 

[ABC123]

Check with your accountant but the capital gains loss is better on a short-term basis rather that a long-term time frame. Consider the timing on buy-back, too, to avoid a wash sale if done before 30 days. A short-term loss depends on when you bought it, and for tax year 2017, means just next week.

 

[Officespaced]

Check with your accountant but the capital gains loss is better on a short-term basis rather that a long-term time frame. Consider the timing on buy-back, too, to avoid a wash sale if done before 30 days. A short-term loss depends on when you bought it, and for tax year 2017, means just next week.

Currently, realized losses can be deducted up to $5000/year in most tax basis categories. If you have more, you can apply that to tax years forward until the entire cumulative loss is realized. The 2018 tax code changes do not change this, nor does it change the application of short/long term gains.

 

[Samalross]

Good time to sell for capital loss. Stock at $2.56 Should be able to rebuy at a much cheaper price in thirty days

 

[Donnyboy]

Some buyers stepped into Elio! Only down 8 cents now.

 

[Sailor Dog]

Good time to sell for capital loss. Stock at $2.56 Should be able to rebuy at a much cheaper price in thirty days

Oops... could have waited until year end selling ended today for a quicky 20% Could be too late in 30 days unless court date is still looming and little news until after that. Still stoked about ELIO!

 

[Kuda]

Oops... could have waited until year end selling ended today for a quicky 20% Could be too late in 30 days unless court date is still looming and little news until after that. Still stoked about ELIO!

 

[LillyMayPatterson #1685 & #5648]

Yeah, Looks like our Ground Hog might not pop till March 27th. That is that court date. I am still keeping an eye on Elio stock till then to buy. The low so far was December 15th, $2.05. Happy New Years Everybody.

 

[Ray O]

Happy new year with hope for a new Elio to all.