strengthening!, page-41

re: the true voip winners bigd,

Capital losses by example.

Say you bought IIN at $3.00 and watched it fall to $1.60 without selling. You are sitting on a loss of $1.40 /share. Now finally you think it is going to turn around so you sell at $1.60 and buy at $1.60 to crystalise a capital loss of $1.40/share. This loss can then be used to offset other capital gains you have made. Your IIN stock now has a lower purchase price so you need to be a long term holder for this strategy to be effective.

Best way is to sell the losers you wish to keep to your super fund which has lower capital gains tax rates.