InvestorsHub Logo
icon url

shortfloat

10/02/08 7:07 AM

#202988 RE: holter #202973

Its not the price of what you short, its the percentage it drops and its very easy to take 90% off of a stock like this. Seems Extras game is to short until BK comes. The point of that isnt just the obvious, to never have to cover for greater profit. If you never cover due to BK, then from the IRS rules its a non trade and therefore its a non taxable event. This IRS rule needs to be killed, some say this rule is responsible for the loss of many newly created jobs.