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Re: OLDPILOT post# 2133

Monday, 12/10/2007 10:28:05 AM

Monday, December 10, 2007 10:28:05 AM

Post# of 2353
IMO, this is not dead...it'll come back. However, if you want to write it off for tax purposes, you probably have a good arguement if you ever got audited. You can claim that you tried to sell at the lowest point allowable (.0001) and there was no market for it. If it ever did come back, your basis would be zero. You better check with your tax advisor before writing it off.

Again, IMO, it'll come back...to where, I don't have a clue.