Sunday, January 03, 2016 11:18:20 AM
They'll trade (buy) your position for one penny!
thereby, you've "traded" (sold) your block of shares!
The "penny" that you were "paid" in exchange, is to be subtracted from the opening value of this position and the results is what you'd then claim on your taxes!
oh yeah, '+' commissions! '+' whatever other fees you'll likely be charged for processing the "worthless Share clause!"
millions of players forget to "ADD" these fees to their "Tax Loss Claims", leaving tens of millions of unclaimed tax dollars to forever linger in limbo!
The Tax-loss-claim will offset taxes owed and thereby increases your over tax refund!
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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