A few of the babies on the boards that have had a tough 12 months seem to be getting another hit with what appears to be tax loss selling.
CNN at 3c ,QAD at 3c,BKM below 2c,SWG below 2c have all been significantly higher in the last 3-6 months .The selling doesnt appear to be based on anything new with nearly all of the 4 seeming to be continuing on with what they have said they intended to do.
I hold all 4 and are very tempted to average down to the tax sellers.
Im no broker so maybe i should remember what my broker tells me and that is to "stop chasing losers 'and average up but never down.
Ive got 2 days to think it over hmmmmmmmm.
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