InvestorsHub Logo
Followers 301
Posts 22560
Boards Moderated 0
Alias Born 02/24/2006

Re: jokerwild477 post# 2481

Saturday, 12/03/2016 5:18:02 PM

Saturday, December 03, 2016 5:18:02 PM

Post# of 2533
Exactly! What you would gain from a tax write off would likely be a small fraction of the potential recovery so you have no more to loose by waiting other than delaying any write off. If the pay off is less than your cost then you would still write off the difference anyway.

I only need $0.025 per share to break even so a ten cent per share recovery nets me a 300% profit, and there is approximately $2.00 per share assets still on the table earning a return while being liquidated, Weeeeeeeeeeee! smile

http://bleacherreport.com/atlanta-falcons

Sail Bay

Come on in... The Waters Fine! :)

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.