Replies to post #67562 on Biocentric Energy Holdings, Inc. (BEHL)

[phloyd]

Tax loss selling. Think of it in terms of when the wash sale rule goes away.

Someone selling t ooffset large gains, but still wants in, can sell today and buyback on Jan 6.

Considering December is a very slow month typically for stocks, they are betting they can get in cheaper or aroudn the same price while getting the tax benefit of offsetting gains with a BEHL loss.

All IMO.