TSXV:AAA.P - Post by User
Post by
bashertrasher1on Nov 21, 2014 9:07am
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Post# 23151268
Tax loss selling
Tax loss selling Bashers will have you believe that the price will plunge due to tax loss selling. But look at the last five years worth of data says otherwise.
Year and closing prices are below.
Year Nov 1 Dec 1 Jan 1
2009 .32 .35 .34 up 2 cents
2010 .56 .73 1.31 up 55 cents
2011 1.11 .83 .79 down 32 cents
2012 .45 .47 .58 up 13 cents
2013 .36 .37 .47 up 11 cents
Except for 2011 there has always beeb an uptrend from Nov though Dec and into January.