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Toxic Avenger

08/07/12 11:49 AM

#3010 RE: Rainmaker88 #3009

Most of the trades have been small, but there's a logic to small sells, they're closing out their small position and don't care whether they get $300 or $400, they just want the tax loss.

Buying in $500 increments, to say nothing of the sub-$100 buy today, makes little sense. The commissions alone will require a 20%+ gain in the price, just to break even.