I think tax loss selling runs out when the sellers have run out of shares to sell. And that is going to differ from stock to stock.
PSA is a good example. There was a good portion of the year where the stock was below current levels, so tax loss selling is going to be limited. If it had gone down from a high at the start of the year, then it would attract a greater degree of tax loss selling.
My experience last year was that there was some pretty large dumps on June 29 and June 30 in stocks that had fared badly during the year.
In PSA's case, the fundamentals at $1.10 attracted people back into the stock. Anyone who got in below that price got a good bargain.
PSA Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
