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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Jeff Harrington who wrote (3331)12/30/1997 12:42:00 PM
From: Theo  Read Replies (1) of 12043
 
Holidays mostly. Skeleton workforce, not much activity. I would assume that the BIG selling for tax purposes has already taken place. Good thing IMHO. If big sells were going through now for tax write offs with the 30 wash rule, that would tell me that those selling have no confidence in the future. As it stands, I suspect that most everyone is anticipating mid January to see what transpires with the leaked shares. If they sold now {for tax purposes} they would be unable to repurchase for 30 days[and still take the tax loss. Those that sold early December have the best advantage IMHO. They will take the tax loss and still be able to aquire shares in time for the anticipated shake out once the leaked shares are addressed.

Just speculation on my part...<G>

Theo
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