****tax loss selling_opportunity

  1. 3,798 Posts.
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    At this time of the year we can expect to see some vicious investor action,it can lead to some fabulous trading positions.

    There is no golden rule for whic companies to look for ,but from my experience look for companies that have traded at a substancial premium to todays price and heavily trader (ie there is the possibility of traders who are long and need to take some losses).

    One candidate is PRR which traded heavily up to 70c during the year and is now at 27, a sell down could see it at 20-22 ,a great bye looking for a bounce back to 30+,it has some interesting products in the Bioteck field that appears to be regaining shareholder interest.

    There must be manny more.?
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