From what I understand (not advice) you have to show what your intentions are. You are allowed to sell and buy shares no dramas. If you can show your intentions were for other reason other then to secure a tax loss, than its all above board. Selling at a certain price only to buy them back at the same price would be a red flag. But if you can prove that your opinion on the stock has changed given it now represents better value if the share price dropped a significant % value for instance, or if in the mean time some news came out that changes the valuation, than I would suggest it would be ok.
If your a trader for instance than your previous activity would demonstrate that what your intentions are.
All imo.
RAP Price at posting:
29.0¢ Sentiment: None Disclosure: Held
