Wednesday, January 30, 2008 12:22:30 PM
Mystery Man.... Well, it's just my opinion, but I think that this surge is the result of some who sold at a loss last December and are just now past the 30 day wash rule for the IRS. There was a surge in volume the last days of the year as the price dropped, probably caused by those sales.
It's now 30 days +- and those buyers are getting back in.
I did it myself to offset some other gains that I had. It saved me about $1500 in taxes. If I am right, ( often I am not ) this is just another temp spike. I don't expect any substantial gains until we get some news on production and revenue.
But....I'll take it any way I can get it.
I'm going to slip back into the darkness now. Would someone wake me when we get news??? lol
cm1
It's now 30 days +- and those buyers are getting back in.
I did it myself to offset some other gains that I had. It saved me about $1500 in taxes. If I am right, ( often I am not ) this is just another temp spike. I don't expect any substantial gains until we get some news on production and revenue.
But....I'll take it any way I can get it.
I'm going to slip back into the darkness now. Would someone wake me when we get news??? lol cm1
New IR Department at XKEME - working overtime for the shareholders. ;-)
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