A few potential tax loss plays that could see big moves to the upside in Early 2020.
IONI - Severely undervalued at half of book and a p/e of around 5 while growing at a decent pace and known events that should ensure more growth in 2020. There are however plenty of shareholders sitting on losses and if some decide they need to offset some gains, an opp to obtain cheap shares might happen.
NVFY - Furniture related co with a China connection selling near 52 week low and could see a dump to even lower levels if tax loss selling comes. Seasonally strong q to follow and could see big bounce in 1st q 2020.
SNYR - This one has been disappointing but despite the sequentially declining profits, they have made progress in fixing their balance sheet. Trading near all-time lows despite 3 straight profitable q's. Could see tax loss selling and a surprise 4th q would change perception tremendously.
LUVU - Now in the .01's. Market cap of 1.2 mil for a break even co with 17 mil in revs. Multi-bagger on any good news. IMO
I don't post much anymore but these are a few ideas I have. Will re-visit in April.
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