When you sell your shares to your broker your entire position is surrendered for a penny. Then your broker owns the shares. Keep in mind you still can only claim $3000. loss @ year. That's the reason I opened another acct was to avoid a broker from taking my entire position. My plan was to transfer as many shares to the new acct. needed to get to the $3000 limit. Sort of a insurance policy in case CBBT miraculously was able to come back to life.
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