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Re: humble howard post# 181770

Wednesday, 09/01/2021 9:36:53 AM

Wednesday, September 01, 2021 9:36:53 AM

Post# of 232961
While this is true, you can also get a loss if the company goes to $0.00:

https://finance.zacks.com/irs-tax-writeoffs-worthless-stock-2782.html#:~:text=However%2C%20if%20your%20stock%20becomes,you%20to%20claim%20a%20loss.&text=If%20you%20cannot%20sell%20your,to%20calculate%20your%20capital%20loss.

Obviously you can carry over the losses depending on how much it is as one is capped with losses per year.

Why are we talking about CYDY going to $0? LOL. We should probably add a $5 in front of that $0. That's more in line with expectation...

All IMHO and not financial advice.

GLTU/A.
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