TSX:LSG.DB - Post by User
Comment by
finnboyon Jan 07, 2015 10:57am
278 Views
Post# 23293887
RE:Volume
RE:VolumeHey Bigdaddy,
I think it is just a case of the big boys who did all the tax loss selling late in 2014, getting back in.
In order to qualify for tax losses you have to stay out of the stock for 30 days (I believe) before buying back in.
That's why you have all the bashers around trying to instill doubt with the smaller investors to try to keep the price down 'till they can all get back in at the lowest possible price.
There may also be some short-covering going on as well but I don't have that information.
Maybe someone with level 2 access can post that information.
Good luck all and hopefully we can have a prosperous 2015.
Regards,
Finnboy