That's a side argument, not related to tax law.....which is what the conversation was about today.
As I mentioned in prior post, it would be prudent for an investor to obtain as much current information as he can before either selling shares back to the broker for next to nothing, or attempting to write off the shares as worthless.
As Net-Man has noted earlier, an investor may prudently want to keep his options open to establishing a market value by other, additional means.
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