RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Guatemala’s constitutional court issued a ruling nullifying Pete1986 wrote: I already did some tax loss selling, so I would not say that the season did not yet started.
And in terms of the instutitional investors, first of all you can check current updated holdings and according to them their is no change. Secondly, and more important, there is almost no volume. Selling many millions of shares are not possible at such a low volume or without any volume.
I am sure that tax loss selling has started for some myself included but we all know that tax loss selling occurs predominately in November and December.
Given that its not even the end of the month not sure how you could check current updated holdings for most institutional investors. Sounds like a load of BS.
As for volume while not in the millions it certainly hasn't been no volume. If anything trading has certainly been above average the last 10 days.
The granting of the permit was initially anticipated in the 4th quarter. Now they have been advising early 2023. Even if they get receipt of the permit amendments which I still think the current government will grant, opposition to this project will not disappear. If anything things could get marketly worse. Give me a project in a Tier 1 jurisdiction anytime over Guatemala or Central America.