trading, page-40

Tomorrow is the start of the big boys preparing for their tax returns..

This is when traders have to decide what to do about there losses for the year..

Usually you try to get a tax deduction for your loss or look at where you can minimise your taxable profit....

This means that stocks are sold running up to June 30th just to clean up the books....then if appropriate purchased again for the next tax year..

For meo this means that unless we get a killer announcement...trading will be about selling till end of June and buying again in July...

Because most meo shareholders have made a loss in the 2012 tax year you would expect that some selling will start soon.....

Some traders sell in may then have a holiday till start of July.....

So.......Look at it as an opportunity to clean up your portfolio and preparing for 2013 financial year...
Meo has cash and no debt so there is no reason to panic once this new trading pattern kicks in.....