Bas, Totally agree. Retail Longs have to see through these trojan horse SA articles. They are all mind-games to plant FUD into Longs and get them to sell shares or to start thinking "trade".
Why now?
I believe they want Retail to sell shares during these last weeks of December to get a 2024 tax loss. But in reality, timing makes this strategy moot for Longs, IMHO.
- DCVax approval is imminent, can happen any day or within weeks
- The $$$ gains on approval far outweigh any tax offset
- Even a quick turnaround (buy back 1/2/25) doesn't work. Why? Because wash-sale rules say you can't buy back within 30 days post-sale.
- Tax returns are not due until 4/15/25
- "Imminent" and "within weeks" arrives before 4/15/25
- So the timing of cash from tax loss selling is basically moot.
All IMHO, above is not tax advice LOL.
My only advice is for Retail Longs to use due diligence in investing, remain disciplined, and not to throw it all away because of market manipulation and FUD.
Bullish