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04/22/13 12:43 PM

#4946 RE: mikenmtv #4944

Of course, but not so fast to chalk it up. It doesn't look great, true, but it will trade again, and none here have a crystal ball, pro or con, mostly just snide catch phrases.
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baomike

04/22/13 2:54 PM

#4952 RE: mikenmtv #4944

The stock has to be worthless to get the write off.
A loss can be gotten from a sale.

Worthlessness maybe a while in coming, or at least definitive proof of it(dissolution , etc ...).

Worthless does not mean worth less than you paid for it. It means no value ever.

NB: However for a small amount, you could try and likely no one will ever notice.