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Re: None

Thursday, 06/17/2010 1:30:53 PM

Thursday, June 17, 2010 1:30:53 PM

Post# of 10457
Another thing to keep in mind is that there are those who will write off losses that they have experienced in the market. So, some of these 12,895 shares buying high and selling low, may be just someone looking for a tax write-off. In the instance above, they just created a near 60 dollar write off/reduction against gross income on their taxes. Shame they have to do it here though.

I know it sounds wierd and counter productive, but some companies and even private investors get into the market for the express purpose of losing money.

Additionally, as for these hypothetical terrorist attacks, understand the capitalistic view of things, someone is always going to make money off of (*^P like that. If it happens, it might as well be us as anyone else. Lastly, do keep in mind that deployment of these types of survalence equipment helps prevent such attacks.