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Re: vicsteele post# 21706

Wednesday, 11/29/2006 7:40:36 PM

Wednesday, November 29, 2006 7:40:36 PM

Post# of 46027
OT
I just have to comment on the comment "You have never lost money unless you sell. I hear this all the time and it is utterly rediculous. If you bought a stock for $100 a share and it is now $2 a share you have lost $98 plain and simple. It may not be a loss for tax purposes until you actually sell but let me assure you as of today you have lost 98% of your money.