MTEI - Mountain Energy - No BASHING Allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed

MTEI 0.00400

-7.0%

Jan 12 2:37 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mongo2116 who wrote (11432)	4/25/1999 8:18:00 PM
From: jhild	Read Replies (1) of 11684

Exactly right. Your new basis is then 0. I hope you don't see this as a problem. Because what is your choice? Never take the deduction? And besides I think you have to take the deduction for the year it becomes worthless. Arguably this is last year if it never does become worth something. So rather than eventually filing an amended return, it seems better to take the deduction now and having use of your tax savings now until the day it may ever be worth something. Isn't it really just a present value of your money issue?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next