If some investers have a tendency to sell a loser toward the end of the year and specifically in the 30 days before year end, in order to crystalize a loss and still be able to buy back the shares in the New Year (for shares that they believe in the long term are going up, and for which they are currently underwater), as we did see for ZEN last year, I wonder if this will translate into the reverse logic this year. If as most of us hope and expect we are in for some good news and a game changing PEA before the end of the year, then it will not make sense to trade ZEN for tax loss purposes this year. In fact this may put upward pressure on the stock independent of everything else, especially if some investors are waiting to get in to the stock. JMTs