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LouisDesyjr

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LouisDesyjr

Re: runncoach post# 4618

Tuesday, 09/27/2016 12:49:58 PM

Tuesday, September 27, 2016 12:49:58 PM

Post# of 4713
No bid procedure

What you can do, if the stock goes 'no bid' (no one will buy shares at any price, even below $0.0001), is that you can ask the brokerage firm to take 'the stock off your hands'. In effect, you give it to the broker firm for nothing, but since you have now closed the position, you can claim the stock loss in that year.

Louis J. Desy Jr.


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