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Re: Bull Finch post# 2508

Thursday, 12/08/2011 5:51:08 PM

Thursday, December 08, 2011 5:51:08 PM

Post# of 4781
CLAIMS OF BROKERS SUBMITTING TAX LOSSES TO THE IRS FOR FFGO SHARES AUTOMATICALLY ARE COMPLETE BS.

CALL YOUR BROKER TO CONFIRM!

OUR SHARES OF FFGO REMAIN IN OUR BROKERAGE ACCOUNTS UNTIL WE SELL THEM OR UNTIL WE ASK OUR BROKERS TO REMOVE THEM FOR A TAX WRITE-OFF.

REMOVING THEM AS A TAX WRITE-OFF WOULD HELP ONLY SHORTY. HE THEN COULD CLOSE OUT THE ELECTRONIC MARKERS AT A 100% PROFIT.

THIS MAY BE A GOAL OF SHORT'S SINCE THERE IS A STRONG POSSIBILITY THAT HE WILL NOT BE ABLE TO COVER BELOW THE DIVIDEND, AND MAY BE ON THE HOOK FOR 3449% MORE THAN WE PAID FOR THOSE MARKERS.

MY BROKER WAS VERY CLEAR THAT REVOKED COMPANIES STILL CAN ISSUE DIVIDENDS. AND IF REINSTATED, THE STOCK MAY TRADE AGAIN.

THE DIVIDEND HAS TO BE APPROVED BY FIRNA AND THE BROKER HAS TO BE NOTIFIED BY THE DTCC OF THE RECORD AND PAYMENT DATE. YES, EVEN IF THE STOCK'S REGISTRATION IS REVOKED, A DIVIDEND CAN BE ISSUED!

ONCE THAT HAPPENS, THE DIVIDEND, CASH OR SHARES, WOULD BE PUT INTO OUR ACCOUNTS.

AGAIN, CLAIMS OF THE IRS FORCING ANYONE TO WRITE-DOWN LOSSES OF FFGO BECAUSE THE STOCK'S REGISTRATION TO PUBLICLY TRADE HAS BEEN REVOKED IS COMPLETE BS.


Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations. Always force abusive short sellers to cover above what you paid. Build wealth for fellow iHub'ers!

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