Q: I have a considerable loss in BEP.UN. I am considering selling it to harvest the loss. However, I am concerned that the stock might jump in early 2024 leaving me to 'chase' it to repurchase it. Do you see any catalyst that might trigger a surge in price during my 30 day wait period?
With appreciation,
Ed
With appreciation,
Ed
5i Research Answer:
We do not seeing anything from the company's side of things. Markets, rates and external factors are of course different. But the holiday season is typically quiet, and there are not many key economic figures to be released other than some inflation data. It is, typically, not the type of stock that 'surges'.