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OrangeCowboy

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OrangeCowboy

Re: joedimaggio_6 post# 5465

Thursday, 01/06/2005 5:31:30 PM

Thursday, January 06, 2005 5:31:30 PM

Post# of 326412
Joedimaggio

My guess is paper losse for future gains. Let's say that his cost basis is $15.25 a share and he can sell a million @ .25 or a loss of $15 a share. He can then carry that loss into the future against capital gains. In my opinion, at it is opinion only, he is simply preparing for the future my maximizing his losses now......which means that he is expecting an increase in the pps.

OC
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