Tax Loss Candidates - Mostly Canadian

[Sultan]

lol.. indeed.. December is definitely the month for that at different levels.. spiritual or material..

As for why November sells off, both companies have their issues and they missed their numbers.. Following is why I still own these and won't be selling here but add if I could..

ATA - sum of the parts is more valuable then where the company is trading.. Goodwood Funds own a chunk of them and on their website you will find why.. Company earlier in the year did a rights offering at about 6.20 which went to their Solar division that will be spun off.. They also own 1.8m share of CSIQ (nasdaq).. old CEO and CFO left when Goodwood BOD was elected.. They are on restructuring mode and new CEO has already been appointed.. New CEO bought around 50-60k shares at around 4.50 on the day of the appointment etc.. check stockhouse.ca ATA thread for the presentation link if you can't find them on Goodwood funds..

ZL - insiders are required to buy by their corporate policies and they have bought some shares from 2.50 all the way to around these prices.. No question they have to get their cost and revenue in line.. ZL also trades on NY and since it is under 1 for a while, chances are they will have to do something about it so that will weigh on the stock over and above the losses.. Finally they have been taken off some Toronto index apparently as of Dec. 24 so that might also affect the price..

Hopefully this should be enough to for your to do some more DD.. These can go up 100% and still be way under comparative companies.. question is of course the management can restructure to do that if the economy weakens more in 2008..

Best of luck..