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doyle12

12/19/12 9:20 AM

#16249 RE: Flatcat #16248

adjusting your portfolio..
I think as a day trader many are selling at the end of year and taking the loss for tax purposes. I took the loss to offset my capital gains..I sold my old shares, waited 30 days and repurchased. If there is any value in this stock it will go up in January.
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mikeg2

12/19/12 9:24 AM

#16250 RE: Flatcat #16248

Of course the counter to that thought ( a good catch by the way, Flat )would be.....why sell at all (especially 2-3 months from now) if you know something positive is coming down the pipe?

Nothing makes sense in BourqueVille