According to my research any publicly traded company’s that has went bankrupt was liquidated and the stock is zero valued creates a loss that is a 100% write off against any gross income you will be reporting. You can write off the entire loss in the year it occurs. But make sure that you have excellent records and screenshots of your losses in case the IRS challenges your filing. I am still holding long believing that the court will determine that the current bids are not in the best interest of everyone involved including those of us that own common stock. Good Luck to all!
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