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FISH21049

03/09/20 4:05 PM

#104475 RE: saffavidic #104473

So, yours is not a 'paper loss'. You actually sold your shares and lost 40,000 on the disposal of shares.

A loss is a loss when you sell your shares. It is a paper loss when you still hold the shares but are down by the $40,000.

So which is it really? A recognized loss or a paper loss?