Replies to post #629 on Gulfport Energy Corp fka GPORQ

[macdwatcher1]

Nope read the tax code book on gains/losses on short sales. If a short seller has an open position in a ticker that gets revoked by the SEC. then that short seller does NOT have to report the gains on that short sale. That means the short seller rays zero taxes on the illegal gotton gains. Read the tex laws on short selling. When a companies stock is cancelled the short seller makes100 percent profit and pays zero 0. On the capital gains from
Selling short. The irs is desperately trying to change that law... thebirs ferls short seller SHzozuLD pay taxes on their gains from
A cancelled stock symbol....and the SEC is on the short sellers side. You think the SEC is doing a favor tonthe small retail investor when the SEC revoked a ticket synol? Pppppaaaaallllleeeeeaaaassssseeeee!!!!!!