The high volume and increase of the shareprice has IMO little or nothing to do with "Tax-loss sellers -are-back again", etc.
If you compare the first three trading days 2015-2017 you get the following picture
2017: +13.5 cents, close 3rd trading day 0.465, high 2016: 1.40 (close)
2016: -16.0 cents, close 3rd trading day 0.85, high 2015: 1.99(close)
2015: -15.0 cents, close 3rd trading day 1.31, high 2014: 2.77(close)
A tax loss selling would have been interesting in all these years - if you take the year per year highs.
Apart from the fact that that it is a bit early for the majority of tax loss sellers to buy back, there is no correlation at all - if you look at the numbers listed above - between tax loss selling potential on the one hand and price, volume and performance on the other hand.
Maybe that is wishful thinking but I am convinced that all we have seen this year is "forthcoming news- based". For me personally earlier than expected but if I remember correctly : January/February traditionally are (POET) news months
If you like to check the numbers, here is the link.....:
