Replies to post #208084 on Fortress Financial Group fka FFGO

[BigBake1]

Funny thing about tax write offs, they do not require the shares to be sold or removed, people can take a write off on a dead security like this due to it being revoked and yet still retain the worthless shares if they so desire.

I personally believe that brokers should be able to charge a maintenance fee on such worthless shares since they must keep them on their books for no reason at all. That is the only rason for brokers request for such an action is to no longer maintain booking of such a worthless security.