Grand Entertainment & Music Inc (GMSC)

[roxandbonz]

Maybe he bought the 50K just after the last R/S when the shares were selling for 30 cents. That would allow him to sell today and take a $14995 tax loss . This could be a possibility, but you know it is too early to worry about taxes.
I seem to remember the discussion about selling for tax losses in the past. People were unable to sell and wondered how to show the loss on their taxes without selling. So maybe they sold now that there are buyers wanting in.
It wasn't many shares. I doubt the catcher mits got filled.