Only paper losses is right!! Maybe even talk with your accountant about creating and writing off some realized losses on your taxes this year... unless of course it spikes up before the new year!! :-)
I think there is a cap on the write-off, but hey, if a well-planned sale for a loss means reducing your tax bill due this April 15th by $3,000.00, why not?
I don't know if the sale transaction must occur in the tax year you write the loss off in, or if both the buy and sell must be in the tax year you are writing the loss off in, but an accountant should be able to help with that!!
We have secured our stake, our share in PDOS and the cost of doing business is real. A ten million dollar equity line ought to fund operations for at least a year or two, not counting any revenues built during that time. This is an exciting moment! I will try not to pull my hair out demanding personal attention from PDOS staff, rather, the Universe will let things be. At the same time, that does not mean I jump in a river and expect to not have to swim. All I mean is try to talk to an accountant, or even try flipping the stock(egads, what am I saying?!) to try to realize smaller gains while we wait for the big one...
And if you do get permission to post what you hear I'd love to read it!!!!!
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