Replies to post #28625 on Exobox Technologies Corp (EXBX)

[AskMrOwl]

Re: Worthless stock

I believe that if the stock actually goes to zero and stops trading and becomes listed as a number instead of a ticker symbol in your account (deregistered) then you can write it off without selling. (I did this with TFCT/TFCY) If the stock is still trading then you need to sell to get your write-off.

http://www.bankrate.com/finance/money-guides/writing-off-a-worthless-stock.aspx