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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (58811)4/30/2002 10:06:11 AM
From: brightness00  Read Replies (1) of 99280
 
I think, besides the mark-to-market rule, the IRS also introduced "substantitively worthless" rule in recent years, where you have to report gains if your short get substantively worthless, like getting de-listed. I never had the luck of shorting something into the absolute zero. I have that irrational fear of manipulated massive short squeeze when the price gets really low.

Jim
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