Petrominerales Ltd PMGLF

No worry....

[soberinvestor]

....seems to be some tax claim sell today. Nice to have some covered call cushion, let somebody else pick up the slack. Just as I predicted 7-8 for a while before it’ll take off. Company will spend less cash buying back, good for longs.

[maxleverage]

What tax claim?   (the ANH dispute?).   Where did you get the info that today's drop is "tax claim selling"?

[soberinvestor]

Sorry to call it short, I ment year end tax sell-off. Since this stock dropped so much this year some holders will sell it to off-set the losses against capital gains. They are allowed to return back to the same stock after 30 days w/o loosing the right to claim the loss for this year to pay less taxes on capital gains. Expecting that I sold covered call to pick up the temporary slack in the

[bladerummer]

This guy is a clueless moron. Tax loss selling is a DEC activity. Not one dumped share today is in that category, its a lousy oil company thats all, I fell into the trap with its blatant bogus foreward looking statements. BS.

[soberinvestor]

…clueless moron   He just called himself the right name. He complains about Canadian equities all over the boards oils, drillers you name it praising South corporations especially Halliburton. I gave him an example of what former Halliburton executive did in less than a year to GFS so, obviously the recent attack is crudely personal. It could be that he works for some vulture funds to scoop