Replies to post #71515 on Crednology Holding Corp fka COHO

[no bucks]

You can only deduct $3,000 a year for stock losses. But you can deduct bigger losses over a 5 year period up to $3,000 per year.... so smaller investors can recoup there losses over time.. but investors like GOOGS are screwed getting only a fraction of there investment back. unless they sell $3,000 at a loss every year. in GOOGS case he should recoup his losses in about 50 years or so.

[jderaney]

Oh, well I am holding off and see what the new year brings. Obviously, someone wants to buy 500 million shares @1 so they at least expect to double their money.

But I almost jumped off the ledge.