RE:RE:RE:RE:RE:RE:RE:RE:Catching a Knife?As noted previously, there are many other factors, seasonality being but one, for going long now.
Styless wrote: icecube wrote: Brave or foolish, we'll see. I have to wonder if we've seen the finish of 'end of quarter' selling/repositioning of portfolios. Also, seasonally, October, November and December tend to be 'up' months.
Craigbad wrote: Your brave to be buying. I see this getting hammered in tax loss selling in the coming months. If anything i would think smart longs would be selling now and buying in december when the price should be signifigantly lower if you like the long term potential.
If you believed in your seasonality, why wouldn't you pick a better name to play for a macro seasonal move? You picked the worse performing company that has negative catalysts that will counteract any seasonality. You actually picked the worse name for your thesis.ha
If anything, you're going to see massive tax loss selling in this loser that's down 71% this year alone.