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Alias Born 11/03/2006

Re: Jimmy Quick post# 48220

Wednesday, 11/08/2006 2:06:27 AM

Wednesday, November 08, 2006 2:06:27 AM

Post# of 92056
Those who have had a good year in other stocks may be looking to offset some of those gains by selling HISC. To avoid a wash sale, the IRS requires that you not buy the stock within 30 days of the sale (that's 30 days after AND before). There may be some selling pressure in December, as well as some buys in January as the believers get back in.

Naturally, if I do it they will announce a deal with an automaker 29 days later.