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Biotech / Medical : TELK -- Telik, Inc.

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To: zeta1961 who wrote (811)12/28/2006 3:41:59 PM
From: BulbaMan   of 887
 
FWIW, I checked the short sale tax rules. For losses on shorts it's the settlement date but for profits on shorts it's the trade date. So TELK shorts wanting to take their profits in 2007 have to cover in 2007.
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