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Re: KZMike post# 26633

Friday, 11/02/2018 4:01:49 PM

Friday, November 02, 2018 4:01:49 PM

Post# of 28680
KZMike spoke well, and with sense, about the 'Odd" trades. Since the year is now coming to an end, I believe there will be more trades. Some investors who have significant amounts of shares are also holding shares in other companies where there are large gains. I believe some of these investors may be selling some of their BORK shares so they can use the losses to offset the gains from other stocks.

There may be somebody out there who has a lot of "flower power" that can use this comment for good use. (Let those who have ears to hear, hear here)

The challenge of these kind of "sellers" is that there is, I believe, limited buyer interest. Having said that, the losses on stock like this is best recognized (IRC definition of word "recognized") as a result of an actual sale. Hence these folks may not be be concerned about how little they get for the shares, because they consider the shares worthless already, and the cost of the trade is the price they pay to have the sale on the books, through a broker, to support the stock loss offset to their gains on other stock, as they enter all this data on their income tax return.

I hope this helps someone.