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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (40974)1/16/2001 9:58:32 AM
From: JRI  Read Replies (4) | Respond to of 42787
 
Heard something interesting on the tube: If you short a stock, and it goes into bankruptcy, you would owe no capital gains tax, since you never realised capital gains (had to buy back shares)...wow, that's pretty cool..

Any know if true?