Ayala Pharmaceuticals Inc (fka ADXS)

[Bourbon_on_my_cornflakes]

If you inherit a garbage stock then sell it, what is your cost basis, zero?

Cost basis is what the stock is worth on day of death, so say today it's 63 cents.

The loss is the huge loss caryforward that could have been applied to other gains (if any) in B. Liu's lifetime