Friday, December 19, 2014 10:07:06 AM
well, figuratively.
Simply contact "that" broker and ask them to initiate the "Remove Worthless Shares" clause!
They'd remove your entire position here for about a penny.
This effectively means you've "Sold" your position (at a loss) for a penny!
The amount you've "paid" to open your position in this POS (less that penny, wink!) is what you can then claim on your tax documents!
(which would increase your overall tax refund! - wink!)
Also, don't forget to "Claim" the reorganization fee (if any), that your broker may charge "you" for processing reverse splits on stocks within your portfolio!
It's mind boggling when thinking of the tens of millions of people "who do not know this" and leaving all that "unclaimed" money to float forever in the 4th market dimension.
In understanding the Risks!, I don’t mind losing in stocks that died TRYING, but I DO mind losing in stocks that died LYING!
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