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  4. Univec Conglomerate Inc (UNVC) Message Board

IMO, we are going back up because of the tax loss

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Post# of 87153
(Total Views: 621)
Posted On: 01/12/2024 1:42:30 AM
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Posted By: LVgliders
IMO, we are going back up because of the tax loss sellers in December buying back in 31 days later. The problem is you typically loose "share count" in a "thinly traded" stock that you sell during the December tax loss selling pressure and then buy back 31 days later under the less selling pressure of January. There will be buying pressure all through January, IMO. Also, IMO, Doc could also launch at any time, with no notice...ooops, tax loss selling doesn't always work.


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