Tax Loss Selling I guess the big question will be when will tax loss selling be done? The one that concerns me more is the US funds and holders of the stock - they could take their money out of the Canadian markets and this stock along with many others could go much lower if they do. That's the problem when you have funds owning shares, if they decide to take tax losses and just want the stock out of their portfolio no matter the price, they will sell and I think that's the reason TAO put in place a share buyback because funds could be selling and there really is not much buyers in the market now and who knows when buyers will return given the predictions for first half 2013. US debt ceiling could tank all markets in the first 3 months in 2013 so big buyers will most likely wait for second half 2013. Debt ceiling battle for first half 2013 and Fiscal cliff battle for remainder of 2012 could make stocks go lower.