Positively BRILLIANT strategy bigBABOOON! I was floundering under the false assumption one had to buy low and sell lower to harvest tax losses, this new strategy is a revelation! We will ignore, for simplicities sake, a large portion the MDMN held by retail investors is via IRAs, for which tax losses are irrelevant.
I will refer this innovative technique to two private equity managers of whom I'm acquainted.... So they can prepare... and be ready...