Replies to post #52753 on First American Scientific Corp. (fka FASC)

[sunspotter]

"That's a side argument, not related to tax law.....which is what the conversation was about today."

I beg to differ, and as someone who has been consistently correct about the outcome and trajectory of FASC for around a decade now in the face of some pretty heavy criticism, perhaps I could be cut some slack to at least develop my argument.

My comments arose from me remarking that brokers can be helpful in these circumstances, by helping one to crystallize a loss so that it can be claimed as a write-off.

And crystallizing a tax loss is what the conversation was really about.