TSXV:ART.H - Post by User
Comment by
koast2on Dec 13, 2009 12:15am
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Post# 16581818
RE: The Vulture has a point...but...
RE: The Vulture has a point...but...I agree that the tax loss selling and the lack of the 5101 will likely get some to sell.
I also wonder if this is the reason why the 5101 was stalled until sometime in the new year.
why put out results when the market is seasonally weak?
Along with the fact that the election has been put back a few weeks.
In my opinion they want to see an affirmative outcome of the election before drilling and yes even good four zero may be correct in that the drilling will not be in the first quarter but in the early part of the second quarter.(after the election.).
I think that the negative view to play at this point is to get people to sell their shares on the "tax loss and no 5101 "
and then have the 5101 conveniently come out before the thirty day period is up.
Should be interesting to say the least.
Selling for a tax loss may play out well or it may just rob you of the your shares should the prices climb thanks to a good 5101 report before the thirty day period is up.
You decide.