InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,473.23
(
0.77%
)
US TECH 100
19,408.75
(
1.26%
)
Dow Jones
38,778.10
(
0.49%
)
Brent Oil
83.72
(
-0.22%
)
Bitcoin
65,113.67
(
-2.06%
)
Post# of 68548
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

kennypooh

Send PM Follow Ignore
Followers 68
Posts 9909
Boards Moderated 0
Alias Born 07/29/2007

kennypooh

Re: ddineeniv post# 66778

Monday, 12/14/2020 5:04:56 PM

Monday, December 14, 2020 5:04:56 PM

Post# of 68548
If you have 5 million shares of no-bid worthless ECOS stock still in your brokerage account, you can't take a tax loss in 2020 unless you sold it in 2020. Brokers will buy it from you at a 6 digit figure, charge you a transaction fee, and your loss shows up in your end of year account statement. Most will do it for free if you're a large enough customer.

GLTY in the new year!

Please help save the earth. It's our only source of chocolate.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up