Mobilepro Corp (fka MOBL)

[choo choo trader]

Investors must conclude their tax-loss selling by the end of the year. Given that trade settlements take three days, you would have to do your selling by Dec. 26 for 2006. A sell of stock for tax loss purposes has to have settled by the years end before it can be used to offset capital gains for that year. Hence in order for a tax loss sell to be settled for 2006 the sell must take place before the market close today.