BUYING WEAK STOCKS IN LAST DAYS OF A YEAR = POTENTIAL QUICK TRADING PROFITS WHEN TAX LOSS SELLING IS OVER AT END OF YEAR
Tax Bounce Candidates for January
Stocks Way Off Their Trading Highs With Good Fundamentals
Technical Charts Below
Doral Financial (NYSE:DRL, $1.39)
52 Week Trading Range Price: $1.08-$7.19
Deposits at Doral jumped 13 percent to $4.76 billion in last quarter; Caution required due to non-performing loans, but attractive for a trade in the New Year.
IceWEB (OTCBB:IWEB, $0.17)
52 Week Trading Range Price: $0.08-$0.47
Cloud Computing company seeing healthy quarter to quarter revenue growth. Near-term catalyst: 2010 Annual Report expected before end of year.
Janel World Trade (OTCBB:JLWT, $0.33)
52 Week Trading Range Price: $0.25-$0.85
Recent Seeking Alpha report noted:"Janel World Trade, however, has apparently yet to be discovered, as the stock price is at its 52-week lows of $0.25 (JLWT price on Dec. 22 is $0.30). At this late juncture in the year, tax loss selling is most likely a contributing factor to the recent weakness, as there has been no negative news. However, the company has pre-announced that its soon-to be-released fourth quarter and annual report for 2010 (ended Sept. 30) will show a minimum of $87 million in revenue (a record year)." JLWT Annual Report for 2010 is expected before end of year.
Paid Inc. (OTCBB:PAYD, $0.23)
52 Week Trading Range Price: $0.17-$0.60
Strengthening fundamentals with third quarter 2010 revenue of $4,186,700 for the quarter ended September 30, 2010, a 98% increase from the same period of the prior year and cash flow positive. Attractive potential exploitation of intellectual property portfolio
Buying Stocks Weak from Tax Loss Selling
It is well-documented that a good hunting ground for stocks that could jump after the first of the year are stocks that have seen much higher prices during the past year, but which have declined over the past few months from either a one-time bad news event, under-followed, etc.
The stocks above all have good or improving fundamentals, yet are either near their 52 week lows or significantly off their highs due to an understandable incentive by current shareholders trying to manage their tax bill to Uncle Sam this April.
How do you reduce your tax bill from already realized capital gains? Sell weak stocks in your portfolio--sometimes regardless how weak they have gotten in the last few days of the year.
How do you profit from this annual phenomenon? Identify stocks with fundamentals that may attract bottom fishers once tax loss selling is over. And it IS over on January 3. At the very least, put these stocks on your "Watch List" for news and/or increasing trading volumes and attractive charts. Quick trading profits of 20-100% are possible using this one time a year trading strategy.
Tax Bounce Candidates for January
Stocks Way Off Their Trading Highs With Good Fundamentals
Technical Charts Below
Doral Financial (NYSE:DRL, $1.39)
52 Week Trading Range Price: $1.08-$7.19
Deposits at Doral jumped 13 percent to $4.76 billion in last quarter; Caution required due to non-performing loans, but attractive for a trade in the New Year.
IceWEB (OTCBB:IWEB, $0.17)
52 Week Trading Range Price: $0.08-$0.47
Cloud Computing company seeing healthy quarter to quarter revenue growth. Near-term catalyst: 2010 Annual Report expected before end of year.
Janel World Trade (OTCBB:JLWT, $0.33)
52 Week Trading Range Price: $0.25-$0.85
Recent Seeking Alpha report noted:"Janel World Trade, however, has apparently yet to be discovered, as the stock price is at its 52-week lows of $0.25 (JLWT price on Dec. 22 is $0.30). At this late juncture in the year, tax loss selling is most likely a contributing factor to the recent weakness, as there has been no negative news. However, the company has pre-announced that its soon-to be-released fourth quarter and annual report for 2010 (ended Sept. 30) will show a minimum of $87 million in revenue (a record year)." JLWT Annual Report for 2010 is expected before end of year.
Paid Inc. (OTCBB:PAYD, $0.23)
52 Week Trading Range Price: $0.17-$0.60
Strengthening fundamentals with third quarter 2010 revenue of $4,186,700 for the quarter ended September 30, 2010, a 98% increase from the same period of the prior year and cash flow positive. Attractive potential exploitation of intellectual property portfolio
Buying Stocks Weak from Tax Loss Selling
It is well-documented that a good hunting ground for stocks that could jump after the first of the year are stocks that have seen much higher prices during the past year, but which have declined over the past few months from either a one-time bad news event, under-followed, etc.
The stocks above all have good or improving fundamentals, yet are either near their 52 week lows or significantly off their highs due to an understandable incentive by current shareholders trying to manage their tax bill to Uncle Sam this April.
How do you reduce your tax bill from already realized capital gains? Sell weak stocks in your portfolio--sometimes regardless how weak they have gotten in the last few days of the year.
How do you profit from this annual phenomenon? Identify stocks with fundamentals that may attract bottom fishers once tax loss selling is over. And it IS over on January 3. At the very least, put these stocks on your "Watch List" for news and/or increasing trading volumes and attractive charts. Quick trading profits of 20-100% are possible using this one time a year trading strategy.
Recent PAYD News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2026 08:59:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2026 08:43:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/12/2026 08:42:11 PM
- Paid Inc. Appoints Freight Technology Veteran Lance Healy to Board of Directors • PR Newswire (US) • 05/11/2026 01:00:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/31/2026 09:11:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/10/2026 05:41:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2026 02:38:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2026 09:32:06 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2025 09:32:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/16/2025 09:26:44 PM
- Form SCHEDULE 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 07/23/2025 08:05:29 PM
