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Re: ORCA post# 148654

Thursday, 10/14/2010 12:32:29 PM

Thursday, October 14, 2010 12:32:29 PM

Post# of 241047
There are many variables that everyone needs to consider prior selling any security for tax loss purposes, especially WNBD with the events on the horizion. Bearing in mind that if you sell you must wait 30 days before re-buying the security, or the tax loss can't be taken due to a wash sell, and with the possible news pending makes that very risky in my opinion.

A few things to consider that we know is already in the works:

Will Duane Reade Pharmacy (part of Walgreens) accept delivery in Q4, and allow it to be PR'ed so they will have product on shelf to begin Q1 of next year?

Will this push happening in Q4 with the assistance of Lancaster help to land additional retailers, and possibly one of the large (1,000+ store) national accounts?

Will the DSD initiative which will be training the end of this month take off during Q4?

Will Lowes want to advance roll-out to regional level or larger prior to the beginning Q1 and have products on shelf prior to that date?

What else could there be that we don't know about yet? Investing in penny stocks is risky enough, but to consider selling for tax loss purposes while knowing what news could come at any time is much too risky for me. I'm sure there may be some that will sell, but I believe they may be the same ones who will be chasing to get back in, and possibly lose their tax loss sell also...It would suck to be them lol.