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Gold/Mining/Energy : Fairmile Gold
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To: Luce Wildebeest who wrote (3729)11/9/1998 8:10:00 PM
From: Joe Mruk  Read Replies (1) of 4057
 
I believe that the way that you write off these dogs off is that it is written off as a capital loss, but of course this has to be balanced against a capital gain in some other stocks that are increasing in value. So what you do is hang on to it until you make a sizable score on one of your more sane investments and then sell this off as a loss to balance out your gain.
P.S.do your research, don,t take this as gospel.

Joe
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