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I made a huge mistake last year. I sold a stock for a huge capital gain (26,000+) and proceeded to reinvest it in failing companies that have since plummeted. My huge mistake was that I still haven't sold - therefore I don't have much capital loss to offset the gain.

What I'm wondering is whether I can defer the capital gains. I re-invested the proceeds of the sale in CBMI (merged into CRIS last year) and RBOT - two small cap stocks. Do these qualify as SSBIC's? They both are C corporations, and as far as I can tell, they are both < $50M in assets. Both stocks were bought within the 60 day time frame, and I've held both for more than six months.

If I can defer the gain one year, I'll be okay because I can easily offset them - I have more losses than the Golden State Warriors. I'm really afraid that I'm about to learn a very expensive lesson though.
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