Biocentric Energy Holdings, Inc. (BEHL)

[el_loco09]

sin, i think you can only write off like 3 grand on any year stock loss, even if you loose a million....cAn only claim 3 grand

That write off constraint is against income that is not related to capital gains and the loss can be carried into future years. There is no constraint with stock gains (also known as capital gains). If you had a million dollars in capital gains (realized by selling in the current tax year) and a million dollars in losses (realized in the current tax year or carried forward from previous years) you would not owe any taxes. But, you also would not have made or lost any money. Well... you would have lost some money given that money has "time value".

PS Steve Spurrier is denied again this year. I'm a happy man today even being down 68 percent in the algae farming business.