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Post# of 68548
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kennypooh

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kennypooh

Re: donslots post# 60602

Tuesday, 12/11/2018 10:19:57 AM

Tuesday, December 11, 2018 10:19:57 AM

Post# of 68548
Likely a Tax loss transaction on a 'worthless stock' basis? Broker buys the stock for .000009 after client signs a declaration that it's worthless so it can be removed from the clients account, and he can take a full tax write off in 2018. Usually no commission fee in margin accounts.

GLTY

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