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Bulls, Bears and Brokers: Alto Capital’s Tony Locantro says now is the time to get aggressive with stocks

Published: 12:36 20 Jun 2019 AEST

Alto Capital investment manager and stock market commentator Tony Locantro speaks to Proactive Investors about why June is a tough month for those in small caps, starting with tax loss. 
 
“The issue is selling beget selling and when you have people that need to raise money through tax losses, a lot of the stocks even the quality ones are actually underwater,” he says. 
 
“They’ll say I need some losses to offset some gains and they will try to sell these stocks into a market where there are no buyers because buyers are scared to come into a stock when it is weak.” 
 
Locantro notes the key is to buy good stock and lose some of it. 

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