Replies to post #46338 on Medizone Intl. (fka MZEIQ)

[goforthebet]

honestly I would not even buy at 0.02 cents at the moment to average down, because it looks more and more like a total loss to me. No word from the company to support shareholders.

1 man deal with a no name Norway guy was the "big" news - lol

that is a shame for such a great product. complete desaster as D. Trump would say

[Spumoni]

Think about this, the person who pushed me to buy this stock around 11 years ago is no longer with us. I would have never heard about Medizone so maybe for me it is a blessing in disguise. I just hope I don’t have to wait another 11 years!

[Whatisvalue]

For folks who think MZEI might have a future and would want to buy back in, selling stock for tax losses may be pretty stupid. First, one needs to deal with the IRS' 30-day wash sale rules. Second, the draft of the new tax legislation moves the long-term capital gain holding period from 1 year to 3. If you think MZEI has a future and potential sale within 3 years, do you want to pay ordinary income tax rates on any take out price so that you can reduce your taxes today by a few bucks? It's always a good idea to do the math. Of course, none of this applies to Qualified plan sales. I'd guess most of the selling has nothing to do with tax loss selling, at least for the informed, and more to do with folks just being frustrated.