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.
Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jack Zahran who wrote (7504)12/18/1997 3:34:00 PM
From: Karl Drobnic  Read Replies (2) of 31646
 
Tax loss selling: The market has clobbered other stocks in Dec. Stocks like Oxford handed investors huge losses with no chance of orderly escape. Given a landscape littered with Oxford-type corpses, it makes sense that investors with huge losses in many of the marginable stocks would look to take gains where they could. TPRO is a place where many early investors can take gains and use up some of the huge losses from other stocks. Thus, shares could be coming onto the market because of some choosing to offset losses already forced upon them by taking profits in 1997. Presumbably, this could be cash set to come back into TPRO in 1998. More importantly, it is a reason to sell now if you have a big profit, and buy again later to establish a higher entry point for future taxes.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News