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Re: traderchang post# 2127

Friday, 10/14/2011 2:22:46 PM

Friday, October 14, 2011 2:22:46 PM

Post# of 2138
In my previous experience, when you get stuck with a delisted stock, since you cannot trade out of it, the only option is to call your broker to have them remove it from your account and provide you with documentation so you can claim it as a capital loss on your taxes.

Several years ago I forgot about a delisted POS (TRKB.PK) and a POS that did a RS under my radar - both were rotting away in an account. My broker eventually removed them after a couple of years and I was unable to claim them as losses on Schedule D, so it's probably best to call your broker to find out your options sooner rather than later.

If for some reason you want to contact Stan Yakatan (I don't know why anyone would want to do so), his email address is syakatan@aol.com and phone numbers are 786-229-9795 (cell #) and 310-374-0808 (office #).

GLTY


Buy the Titanic and Double Down on the Hindenberg!!!

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