Post by
BrokerG on Dec 11, 2018 9:50am
tax loss
Now this is tax loss selling. Someone was mentionning a few months ago that the selling at that time was attributable to tax loss selling. Not quite. That was large institiutions getting out.[ Soros, TD, Polygon]
This selling is tax loss. When oil goes up and we are still being sold- that is tax loss selling.
This better be a very successful well or we are going to be hurting. We need a drill plan with strong financial backing. Need to see a bond or preferred share issue with a plan for 2019 drilling.
Comment by
himmler on Dec 11, 2018 11:25pm
The volume isnt that high either..I'd be more worried if it was a few hundred k.