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Churak

09/21/08 6:09 AM

#1870 RE: Anonymous Nobody #1867

That's the game of the greys.

I thought that the "M"s were pink per this link - still don't know why they are saying that some are pink & some are grey - as of the time of this post, you need to go to page 4 for Sept 18 changes

http://www.pinksheets.com/pink/marketactivity/corpActions.jsp?index=0

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Joe Burmeister

09/21/08 11:03 AM

#1894 RE: Anonymous Nobody #1867

If you bought at $25 and sold now, you can only write off a lousy $3K a year for next umpteen year come tax time. But once the bankruptcy becomes final, and the common becomes "WORTHLESS", then you can write off your ENTIRE loss in the year the stock became worthless.