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surfstocks

12/07/09 2:02 PM

#67567 RE: FTW #67566

You always subtract gains from your loss, if you have more gains than losses then subtract the loss from your gains and take your wife on vacation.
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theewz

12/07/09 2:02 PM

#67568 RE: FTW #67566

How can you buy 3k worth of stock and lose 5k. Thats makes no sense to me. A 100% loss would be 3k.
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eprod

12/07/09 2:03 PM

#67569 RE: FTW #67566

If you sell for the $5000 loss and then sell another stock for $3000 profit, you still have a $2000 loss write off.