Replies to post #135417 on Anavex Life Sciences Corp (AVXL)

[jimmy667]

You are right it is the trade date for long positions as I said in my post, maybe not clear enough. But the reason for the imbalance is that for SHORT POSITIONS it is T plus 2 the settlement date. Which means shorts covered today would be booked for 2017 but tomorrow will book for 2018. Hence maximum imbalance today as waiting one more day to cover gets the 2018 tax advantages of the new bill. Should have caused at least some delay of short covering this close to end of year based on the recent passing of the Tax Bill. That ends starting tomorrow and tax loss selling ends at close of trading Friday. So anyone needs or plan to sell should wait all other factors being equal.