Tax loss selling ...I suspect the way some are commenting that they have taken a tax loss and not admitting it thus spelling out a few more negatives than they otherwise might...
:)
Meanwhile, after selling they are hoping to get in lower if not as low as they sold in hopes the stock does not run away on them b4 the new year...Likely it will not do that but to go down further that I doubt...personally I will take advantage of this tax loss selling. yes many points are well taken and likely near bang on BUT I am in a TFSA and RRSP and I care less about the perfect timing.. to me tax loss selling is perfect timing to buy low and sell high lol...
I do agree that we will not get bought out for sometime and I also agree that higher Gold prices will be a major catalyst.. personally I love to forecast, right or wrong, and what I forecast is higher Gold prices in the next year or three and many, many, more oz of Gold in the ground.. That my friends will spell major gains for this Gem.
Happy Hollidays to all Longs and those that have contributed so much to the dialogue on this board. Thankyou Krammer for all the digging you do...
Regards
SM..