MTCI - Will it live out the year ??? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : MTCI - Will it live out the year ???

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: WalleyB who wrote (1299)	7/22/1999 1:30:00 PM
From: Martin Olsen	of 1336

tax loss... It is my understanding, WalleyB, that if you declare a stock a total loss and take the loss on your taxes, but the stock comes back, and you eventually sell it, the entire proceeds from that transaction are then capital gains (ie, your cost basis is zero). However, the point should be moot, since you probably "sold" the shares (at like .001) they are no longer yours anyways. I plan on taking my loss this year. Another painful reminder of how easy it is to get scammed by these crooks...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next