RE:Tax loss sellingWait, you think that KPMG was contacting and waiting for replies from sick patients???? Can I ask what your source was for that ?
Gangsterme wrote: Tax loss selling has to be done at latest my next Wednesday, as Monday and Tuesday are closed does not leave much time, lot of the recent selling likely for tax loss purposes. Those same people need to wait 30 days before repurchase. I believe that there has been lots of this selling during past few weeks and so, they can repurchase 30 days later in January.
Any good year end or first quarter result should result in buying.
As so many, I am also frustrated re the delay in reporting. However, it has explained that contacting patients was slow and this resulted in delay. I can definitely understand why sick people might not be very prompt in answering questions in writing, think older and sick and you might understand why they were slow. However, these answers have been all in for at least 3 weeks so financial should have been finished by now. The slowness is not only caused by this but could be a backup in the accounting firm KPMG. We will never know re reason. Have a Merry Christmas.