I do think there's been tax loss selling going on....some, but not a lot. And, consistent with my oft stated opinion vis a vis RVX being under smart money accumulation, I think buyers are being patient in buying what's made available while being careful not to drive the PPS up.

In January of 2013/14/15 there were some nice January bounces here.....so if history repeats (and I like the chances that it will) then that would afford an oppourtunity to realize a nice profit for a short term (less than 2 months) buy and sell.

I've built a sizeable position here while remaining diversified in a number of other stocks across a variety of sectors (mining, banking, energy, healthcare....). When I talk about considering taking profits over $2 it would not be with the entirity of my position, but rather just a small portion....1/4 or 1/5th. That would leave me plenty to cash in BIG if RVX really explodes the way most of us are hoping/expecting.

I've added some $$$ to my RRSP account....I can't put anything in the TFSA until next year, but if things play out in January the way they have the past 3 years here, then January could be too late and I don't like chasing. Better to buy when things are quiet and the PPS is still depressed a bit.