Tuesday, August 25, 2015 5:00:20 PM
http://www.bankrate.com/finance/taxes/writing-off-a-worthless-stock.aspx
So, what you do is nothing. Wait for the RS, and either average down real low for a dead cat bounce, or just sell and take the loss on your 1090 – your choice. All you can do is once in a while check in on the stock to see if it had any surprise volume, but don’t hold your breath. The last option you have is set a GTC at 0001 and hope some fool comes around and buys you out. That’s about it. GL
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