SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials
AMAT 256.41+1.1%Dec 19 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Proud_Infidel who wrote (51330)8/31/2001 9:50:26 AM
From: Jerome  Read Replies (2) of 70976
 
OT*** Tax Loss Selling ***

Another aspect is that there are very many tech stocks (formerly in the $20 to$ 40 range) that are now trading under $5.00 a share. These would be the logical candidates for tax loss selling.

Suppose for example that an investor had a $20 dollar loss on AMAT and a 20 dollar loss on ATHM (Excite at Home, now at .50 per share). Would there be any rational reason for selling AMAT and keeping ATHM?

Tax loss selling may effect only those near worthless stocks and leave the quality techs alone.

Regards, Jerome
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext