Still waiting for one of your positions, prognostications or pronouncements to be realized, successful or agreed to and supported by anything of authority.
Again, your back with the hidden things only you understand and know.
And everyone is a conspirator...out to get you and the SPNG victims....for some reason its so much fun - and they have so much to gain its worth all th time and effort required of them. Probably the NSS paying them all off too? You know they all are a really well organized crowd.
You have proven your point....YOUR RIGHT ON THAT...EVERYBODY IS OUT TO GET YOU. No one likes any of you. Your too smart and informed....all of you...a danger. SO DON'T MAKE YOURSELF A TARGET ANYMORE AND SACRAFICE FOR THE REST OF US. SIT BACK QUIETLY WAITING FOR THE NAMING OF YOUR RELIEF DEFENDANTS. But please, post again when it happens.
I can only surmise the SEC (who you still refuse to wake up to - and the chorus of others here generally agree with - certainly did what it could to alert and protect investors....and those that heeded the warnings (good decision) when the questions were asked, even before the suspensions were made, before failure to file was announced, etc. bailed out and protected themselves. OK - some maybe after one of those.
Instead - the records show many clearly decided to remain true longs (bad decision)....and take the advice of those that they followed to get in the investment....maybe even taking advantage of that great buying opportunity they were pumping.
And as you said...you know the rules. The tax court (or whichever tribunal it was) doesn't have the legal authority to go contrary to the laws and prior holdings. I gather it diligently inquired about the way the stock got to be owned by the defendant to make sure the decision was in line with the law and all others that abide by it.
Not purchased directly from a Ponzi promoter...not classified as a casualty deduction. No hardship abeyance. Agreeably harsh....but along with the many other qualifications for a stock loss to be taken as a casualty...not at all uncommon for the Tax Code. And as one gets further into the timing and class of income/losses and expenses that are required in the attempt to make taxable income (successful or not) - not even all that wild.
