Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 0.830

-17.5%

Dec 29 3:59 PM EST

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To: PanzerGeneral who wrote (7488)	12/11/1997 12:53:00 AM
From: milton	Read Replies (2) of 14328

PanzerGeneral One matter which has to be affecting triby is end of year tax loss selling. As I understand tax laws, the sellers have to wait 30 days before buying back in. This was a great year for profits in stocks and I have done my tax loss selling already to offset gains. Triby was down to under $2 already this year and cycled up above $3. Current price is just part of that cycle. Triby is still forming its base due to growing its sales revenues and expanding product lines. This is a long term winner which will give investors a bumpy ride. 12 months out and if earnings growth holds true, then we will collect our winnings or choose to hang in for even more growth.

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