RE:RBC is the seller today...DoumDiDoum wrote: Is this a sell for tax loss? It might be so. Today is around 1 month before the announced release date of the FS by Kevin in the Crux Interview. So the seller might be able to buy back the shares just before the SP increase after the FS is published as he/she needs to wait a month before buying them back.
Hi DDD,
If someone sold today for tax loss reasons, he probably has no intention to buy back after 30 days. That would be the absolute worse timing for buying back. The PEA was released on June 23rd, and the SP went from $0,68 on May 21st to $1,03 on June 22nd PRIOR to the release. It didn't even go up a single penny after the PEA. So you can probably expect the SP to start increasing way before the publishing of the FS, not after.