RE:RE:RE:Tax Loss Selling isstop generalizing dumbass. It depends on each individual stock. With 70% of NLN`s stock held by insiders the 37 million share turnover in the last 45 days at a VWAP of $0.76 means that there is very little loss to crystalize come Nov/Dec.
88guy88 wrote: tax loss selling is a reality and it happens every year...this year is no different...the price in the last couple of days is strictly due to market runups and all boats are floating higher with the water rising...time will tell as always but the stock is likely to retrace back down even on technicals...the dead cat bounce is almost always followed by a retrace back to the low and generally goes lower before any build back up....good luck to all