GREY:MGMCF - Post by User
Comment by
shambano1on Nov 28, 2013 8:00am
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Post# 21949153
RE:RE:will a new JV deal will be better than the last deal???
RE:RE:will a new JV deal will be better than the last deal???tax loss selling is tricky for sure but I'm not so sure we will get a big drop back to 0.12 mark, but it is possible for sure.
the main problem with selling now for tax loss is you have to be pretty sure the company won't release any news of pending deals or news of results that spur the SP back up, or other general news on the canol.
for investors that have given up on the company, then they will dump for TL reasons, but how many of these types of investors are out there is anyone's guess.
the other factor is the bulls and how quickly they will absord the TL sells?
I think we have hit bottom, but I will buy if MGX falls to 0.12 for sure.
there might even be news on MVP before year-end also??
I'm hoping the stars are starting to align for MGX, but DYODD just my 2 cents.
cheers