NanoTech Entertainment Inc (NTEK)

[2bornot2b]

Concern I have is the people who sell for tax loss purposes in December.

If NTEK is deliberately withholding news until after the first of the year or some other date before the end of they year so that certain individuals could sell their shares for tax loss purposes and then buy back in again after a 30 days wash sale rule expires, the date could be before or after the new year.

People who are aware of how things are going could in theory sell at the most opportune time for their purposes and then buy back in when a greater number sell in the traditional month of selling for tax loss purposes which is December and when the price in theory could be at it's lowest point for the year.

If those in the know were selling in October and November...they could pick their spots for buying back in all the way up until significant news is released. Any profits could be offset by the losses for short term sales and of course long term gains taxes would go lower as a result of their being held for over a year.

Unfortunately, those who don't know when the "what" or "when" news will happen are stuck to debate whether taking a tax loss for the tax year 2014 is worth the risk of losing on the potential of signficant news causing a major upswing in the stock price that they cannot buy back in at within 30 days and still take the tax loss option or just holding and praying things will improve. imo