For those wanting to avoid a white sale (buying back in within 30 days eliminates being able to claim losses on your taxes) and take advantage of any losses they may have incurred this year, you will see the selling end soon.
Reason being that they will want to capture as much loss as possible but be able to buy back in shortly after new year, as others will start buying back in and raise the price.
If you are like me, you sold a percentage at a loss here at the end of the year to help your taxes. But I made sure to do it in time that I could buy back in without eliminating my losses.
Churning like this helped me claim a loss on my taxes and I ended up with more shares after I bought back in at 12 cents.
If playing like I am, don't forget the 30 day "White Sale" rule.
Take care, Jim
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