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Microcap & Penny Stocks : Consolidated Stainless, Inc (NASDAQ PIPE)
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To: TATRADER who wrote (10)11/29/1996 12:12:00 PM
From: Richard Mazzarella   of 108
 
Mark, I guess that all that volume over the last few trading days without much downside was the clue for a potential reversal. Tax loss selling season is always tricky to dope out. We could still have some selling, but it can only come from those that don't want a position for low price before the end of the year (IRS Wash Rule).
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