PGA 0.00% 52.0¢ photon group limited

Its not tax loss selling I'm sorry to say. The impact of tax...

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    Its not tax loss selling I'm sorry to say.

    The impact of tax loss selling is a myth.

    You'll find that on average, companies that shouldn't be getting tax loss sold would be down by the same percentage as ones where everyone is claiming additional selling from people crystallising their tax losses.

    You'll also find that in previous years stocks that went down in June had not discernable outperformance in the next financial year.
    So if its going down, its going down for a reason.

    Doesn't mean it won't go back again. As a holder I am obviously hoping its just the general market malaise.
 
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