Tax Selling Stocks
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Created by High Dividends
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Date updated:12-18-2008

NYSE stocks which have had huge drops this year which should be subject to tax selling, driving the price excessively low, with a possible recovery in January. Shown is the percentage drop for the last 52 weeks.

symbol name last price % change open
  • +
  • IRE
    Gov Bk Ireland Ad
  • $6.61
  • -2.94%
  • $6.60

-90.57%

People owning IRE also tend to own: IRLPBRAKAMALLBABACBAYRY.PK

TheStreet.com Rating: No Rating What is this?

  • +
  • BYD
    Boyd Gaming Corp
  • $7.49
  • -1.96%
  • $7.68

-87.22%

People owning BYD also tend to own: AFAMBCOCCRTDVAASCAHETIGT

TheStreet.com Rating: D What is this?

  • +
  • PLD
    Prologis Sbi
  • $12.11
  • -3.58%
  • $12.56

-87.04%

People owning PLD also tend to own: AAUKAKZOYBCSBTICOPDOWFDG

TheStreet.com Rating: D+ What is this?

  • +
  • AIB
    Allied Irish Plc
  • $3.20
  • -3.32%
  • $3.14

-86.59%

People owning AIB also tend to own: ABNBACCAGCBCHTEMRFR

TheStreet.com Rating: No Rating What is this?

  • +
  • TCK
    Teck Resources Cl
  • $32.01
  • 0.00%
  • $N/A

-85.22%

People owning TCK also tend to own: ATSGBPOBRK-BCRESWCRESYFFHGS

TheStreet.com Rating: C What is this?

  • +
  • MTL
    Mechel Oao Ads
  • $20.38
  • 0.00%
  • $N/A

-83.02%

People owning MTL also tend to own: ABTBKCATCSCOCTXDEDHI

TheStreet.com Rating: C- What is this?

  • +
  • NCX
  • $0.00
  • 0.00%
  • $N/A

-82.83%

People owning NCX also tend to own: AEMEMCFCXINTCNTSIRISNDK

TheStreet.com Rating: No Rating What is this?

  • +
  • OSK
    Oshkosh Cp
  • $37.99
  • -0.60%
  • $38.30

-81.78%

People owning OSK also tend to own: AESBERODPPGHTXUWLPASD

TheStreet.com Rating: D What is this?

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Start Price

Return Value

Start Date

IRE 8.70 -24.02% Dec 18th
BYD 4.85 +54.43% Dec 18th
PLD 16.27 -25.57% Dec 18th
AIB 8.70 -63.22% Dec 18th
TCK 11.48 +178.83% Dec 18th
MTL 7.69 +165.02% Dec 18th
NCX 13.91 ------ Dec 18th
OSK 6.92 +448.99% Dec 18th
DAC 8.01 -47.94% Dec 18th
AWC 5.77 -6.07% Dec 18th

Average return:

+75.61%

Success rate:

44.44%

Tracking Started: 12-18-2008

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Q. Please give us some insight on t...
02.09.10 | 17:15 PM Asked by Larry in Dallas

A. While I am sure there are various
reasons for a sell off of any particular
stock, there are two things worth
mentioning:

1. Day traders: One of the rules common
to day trading is to be all cash at the
end of the day. As a result, many day
traders cash out of their trading
positions toward the end of the day so
they are ready to go back to the battle
the following morning.

2. I do not know that this would be the
last 30 minutes, but margin calls could
potentially cause some selling if it is
needed to make up any shortage in the
margin (in other words, if you are
required to hold 15% and you could
borrow 85% the value of a security, and
the stock price change during the day
made it to where you were borrowing 90%,
then some shares would need to be sold
to make up the difference).

I hope that helps... I am sure others
can shed far more light than I.

William

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