Dec. 25 at 11:21 AM
$ALTS the best play for baggies would’ve been to start tax loss selling 30-45 days ago, so now they can buy it back cheaper after the 31 day wash trade timeline expired. Buying now would also allow them to sell for gains in Jan 2027 for over a year holding period and 2 taxable years later.
My gut is that’s what happened and we should see the price to start to turn around.