Littlefield Corporation (LTFD) Message Board

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Non-Tech : Littlefield Corporation (LTFD)

LTFD 0.170

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Jan 29 9:30 AM EST

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To: Market Tracker who wrote (5852)	12/22/1997 3:44:00 PM
From: SE	Read Replies (1) of 10368

No. These are in my IRA so it technically doesn't matter, but I would take the position and rightfully so that I put $xxx in and they expired worthless, just like an option. Anyone at the IRS would have to agree. Or simply take a worthless stock write-off. Either way, I don't believe you have to sell to establish the capital loss. The loss is very very easy to establish....unfortunately. GO PACK GO! -Scott

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