Countdown beginsTax loss selling season ends soon. After you sell a stock for tax losses, you must wait 31 days to buy it again. It is a common practice for those that like a stock, but trigger a stock loss, want to buy that stock back before Jan 1.
Do the math. Tax loss selling season ends very shortly. For Valens, this coincides with a imminent NasDaq listing. With that listing, you are now welcoming new buyers to the stock and simultaneously ending the fire sales for tax losses.
Add on the seasonal affect of January stocks rebounding in this sector and then the obvious seasonal sales from xmas. And it is still believed a suprise or two may come out of Congress.
Buying with gusto here.