RE:December 22, 2017 will be...GolongGekko wrote: THE day to buy PEY for a 2018 run.
Last day of Tax loss to have cleared for the New year.
Gekko watching and waiting. . . Best GG
This could be sub $12, imho.
I think the stock will rebound well before December 27....
True, it is the last eligible day for tax loss selling for the 2017 tax year, but value investors tend to swoop in around mid-December to pick up bargains that have sold off.....once value hunters start propping up the price, some shorts will cover thinking that the stock plummet party is over, and the shares should see a nice bounce.......
The only stocks that tend to keep dropping all the way to the end of the year are those with major problems that put the company in jeopardy of going under.....i.e., the ones few want to touch at any price......