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RealWorld1

03/20/17 7:17 PM

#9061 RE: Averyjeff #9060

Worthless, but...

Any careful reading for the last few years will have revealed that this UBIQ was pushing worthless shares.

The question now is will they ever resume trading. If so, then one has a dilemma. Does one try and sell all of one's holdings at any price so as to least be able to have the tax loss to offset other gains?

If one can't book a loss then the tax advantages become much trickier to obtain and use.
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Slojab

03/20/17 11:30 PM

#9064 RE: Averyjeff #9060

Here's something Janice Shell of the DD and Fraud board put together on SEC suspensions.

http://www.theotc.today/2013/11/the-sec-just-suspended-my-stock-now-what.html