Sunday, November 30, 2008 11:18:46 PM
We expect the tax-loss sellers to start this week ,
and continue to accelerate through Dec. 31 , 2008.
Especially if they are quick enough to qualify for
a short-term tax-loss ; which is worth 25-35% CASH ,
paid back from the IRS. That's more than 5 Times
the current 'value' of wnbd.
If they let their losses go long-term, they are only
worth a 15% cash give-back. That's like throwing away
half of your IRS refund.
extra , Sincerely .
P.S. ; Just check with your own accountants. They usually
recommend dumping of massive short-term losers , starting
right after Thanksgiving. Usually, by the last half of
December , the massive losers , that are already down ,
more than 50% this year , will be down another 50%.
P.P.S. ; If the daily volume doubles from the recent average,
that's a confirmation of tax-loss selling. [We've already
placed our sell-orders , trying to beat the other shorters.]
Averaging-down is profitable, for shorters, only.
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM