RE:Oil stock will remain depressed untill June 25?I agree and have commented on that previously.. saw a money manager on BNN yesterday that took a call about this exact topic..
The fellow (can't remember his name) didn't think there was a lot of trading related to the cap gain increase.. LOL.. ya right..!
He didn't think the "retail" investor would be affected... duh..!! Its the fund managers buddy..!! they're the ones who have the ability to unload 10's of thousands of shares each day by going short.. make money on the short.. capture the 50% tax rate.. then once they've ran it down, and have re-established their cost base, go long..!
My thought is this guy was probably doing it as well.. just didn't want to admit it... :-/