The OP is edited. It now reads, "...recommends cold stabilizing after bulk aging."
Everyone I learned from recommends cold stabilizing before bulk storage. Where I live that means that usually MLF is complete before the wine goes outside to stabilize and drop excess tartrate.
I posted the question on Pambianchi's FB group. This is his reply:
"If you are asking why cold stabilize after aging and for reds specifically, well, there are different ways to do it, and I only illustrated a typical protocol, the one I use. You can certainly cold stabilize and then bulk age if you don't expect the chemistry of the wine to change. But it's always safer to cold stabilize as the very last step before pre-bottling operations. For example, if you cold stabilize and you bulk age, your phenolic content (mainly tannins) can drop, especially if you decide to do an egg-white fining if you need to tame tannins, and since these act as protective colloids, they can alter the wine's tartrate stability.
But if you read carefully, you'll see that I state that red wine should be cold stable to cellar temperature after bulk aging if it was held at cellar temperature, usually 55F. Red wine is not served or stored any colder, so there is no need to go colder. But if you are a commercial winery, you need to remove that risk, so you would cold stabilize even colder - recommended around 40F. If you read further, I recommend a cold treatment IF the wine seems to have high acidity. This can happen depending on what happened with tannins during bulk aging. If you ended up extracting too much tannins during bulk aging, this will increase the perception of acidity and tannins will taste harsh."