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Strategies & Market Trends : From the Trading Desk

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To: TraderAlan who wrote (4035)	12/30/1998 3:40:00 PM
From: JERRY GACH	Read Replies (1) of 4969

Steve, What would you recommend? I have a stock that was halted....lets call it IPMCF. It no longer has any value, yet when I tried to get my broker to verify it was worthless, they said it had traded yesterday so they could not deem it worthless. They also said the stock had no bid so the market maker would not buy it from me. At this point, I am looking at a $7000 loss yet cannot take the tax deduction because of this stock limbo. Ideas?

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