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eResearchTechnology, Inc. Message Board

  • daveyw43 daveyw43 Oct 21, 2004 12:42 PM Flag

    Institutions dumping, tax sales ahead

    ERES has too much institutional sponsorship, they can only sell at this point. With the price down over 60% off the 52 wk high, many will sell in Dec. for tax losses. This is when the next good entry point will be. Consider selling now and waiting 30 days so the wash sale rule doesn't bite you. If you like the price now, you'll really love it in Dec.!!!!