A Tax Bargain?A Tax Bargain?
There's a list of so-called "Tax Bargains" on a UK website, GEI.
ADB is one of them.
These are, according to the site, shares that got beaten down because...
"people sell their losers to realise losses which they can offset gainst gains, and thereby lower their tax rates. Often these "losers" will bounce early in the next year because:
+ The extra Selling dries up after year end, and
+ People who sold out, start buying back in "
I'm long too. i hope it happens