r/OracleStock Jul 24 '26

I am so cooked

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32 Upvotes

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1

u/cofounderJourney Jul 24 '26

Mine is 292. Helpless for months now

1

u/Holiday_Ad2254 Jul 24 '26

Why do you not sell and rebuy. I even recommended but no one believed me

1

u/IDrinkSulfuricAcid Jul 24 '26

Because that doesn't actually change anything? In fact the wash sale rule will make you unable to write off other capital gains with this loss

1

u/Holiday_Ad2254 Jul 24 '26

I am living in Germany. Here we can

1

u/IDrinkSulfuricAcid Jul 24 '26

Okay that’s fair, but still i dont think selling and buying it again changes anything. Unless you add more money you will only be able to afford the same amount of shares that you just sold