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Re: impulsiveinvestor post# 18291

Thursday, 01/02/2020 11:44:01 AM

Thursday, January 02, 2020 11:44:01 AM

Post# of 19856
That’s a great explanation. The technical term is “Penny for the Lot” trade. It’s a common occurence with these illiquid no bid securities, especially during the last quarter - it’s merely purging a security from your account at a complete loss for tax purposes.


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