DRX 0.00% 2.4¢ diatreme resources limited

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  1. 377 Posts.
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    I invest in illiquid micro caps globally and tax loss selling has been a common theme across the board over the last 1-4 weeks (exacerbated by large realized gains in large cap indexes). Seeing this in almost everything that is 20%+ off its highs. Can't be certain this is the case for recent pressure in DRX, but it would also be an unusual coincidence if not. I wouldn't be surprised if DRX had a lot of Asia-based investors (and North American of course - like myself).

    Tough to know when tax loss harvesting ends. Sometimes its part way through December (aka Santa Claus Rally). Sometimes in January. Also depends on a stock-by-stock basis. But what typically happens is these stocks spring back to or above where they started.
 
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