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Biotech / Medical : IPIC
IPIC 0.00010000.0%Aug 15 3:35 PM EST
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To: Grainne who wrote (908)12/1/1997 12:50:00 PM
From: Banjoman  Read Replies (1) of 1359
 
Tax losses are worth money (because they save you taxes by offsetting other capital gains and as much as $3000 of earned income). If it were me, I'd sell, take the loss, and then buy back in 31 days if the price is still right and I still like the story.

This is a very risky stock. Despite my belief that the AHP study will likely exonerate Redux, I recognize that if I am wrong the stock could lose half its value from here (which is why Pancho is so willing to grace us with his presence).
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