>>>Come on TAX LOSS SELLERS!!<<<
I think you meant 'income tax loss sellers", JGD.
And you are right, December is the month many decide use to realize their book loss in a stock to offset any gains from other investments. Just a sound accounting strategy used by many. A little of a gamble if for some reason the stock price soars after selling prior to year end, but at least you have your write off for tax purposes. I have thought of doing such but have always declined and found that very rarely does anyone get burned from using that strategy for income tax purposes. But still not my cup of tea. I like to hold and add for an event in my mind that I am waiting for and this has not reached that event as of yet, but all signs are pointing in the direction of what I am waiting for. I will definitely not sell prior to getting 'full clearance'. Getting the 2 clearances was important, as it confirmed TWO MAJOR requirements needed to get USA clearance: safety - efficacy. There is no longer a debate about that. But that FULL CLEARANCE is what all have waited for and were expecting, thus the lackluster response of stock price. And that's fine for me, gives more time for us accumulators to do just that. Full clearance, then naming retailers stocking shelves, then quarter over quarter sales reports. When all happens, I tend to believe we are out of the 'trips' for good. RISK vs REWARD
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